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Home Loan News

The latest home loans mortgage news and tips

Laine Gordon

Head of Public Relations

CPI indicator drops for 2nd month in a row

The monthly Consumer Price Indicator has clocked in at 3.5 per cent in the year to July, dropping from 3.8 per cent in June – the second monthly drop in a row.

Home Loans

28 Aug, 2024

4 min read

CPI indicator drops for 2nd month in a row
Eden Radford

External Comms Lead

When will the cash rate get cut? Here's what experts think about the RBA cash rate

The Reserve Bank of Australia is forecast to make at least one cut to the cash rate this year. Here's when the experts predict it could happen.

Home Loans

16 Aug, 2024

5 min read

Interest Rate Predictions & Forecast Australia
Eden Radford

External Comms Lead

When will interest rates go down?

The Reserve Bank of Australia has hiked the cash rate multiple times since May 2022, resulting in home loan rates rising across the country. Millions of Australian homeowners are likely asking themselves: when will interest rates fall again?

Home Loans

11 Aug, 2024

6 min read

When Will Interest Rates Go Down In 2024 | RateCity
Vidhu Bajaj

Personal Finance Writer

Cashback home loan deals in August 2024

Australians looking for a cashback deal may be running out of options, with the number of lenders offering these deals dropping to single digits. Compare the available options from RateCity as per your need.

Home Loans

07 Aug, 2024

3 min read

Cashback home loan deals in August 2024
Mark Bristow

Personal Finance Editor

Some of the top-rated home loans in August 2024

With interest rates likely to remain on hold for the immediate future, what does this mean for your home loan? If you’re in the market to buy a property or refinance your existing home loan, it’s important to compare your options before selecting a mortgage deal.

Home Loans

07 Aug, 2024

3 min read

Some of the top-rated home loans in August 2024
Mark Bristow

Personal Finance Editor

Borrowers should take matters into their own hands as Governor Bullock all but rules out a rate cut this year

Borrowers should not bank on a rate cut in 2024, but instead plan for a potential hike as the RBA kept rates on hold for the sixth consecutive meeting at 4.35 per cent.

Home Loans

06 Aug, 2024

4 min read

Borrowers should take matters into their own hands as Governor Bullock all but rules out a rate cut this year
Mark Bristow

Personal Finance Editor

RBA to hold, but borrowers should still plan for a hike, not a cut

The Reserve Bank of Australia is expected to keep the cash rate on hold for the sixth consecutive meeting, continuing its ‘wait-and-see’ approach, after last week’s CPI results landed broadly as forecast.

Home Loans

05 Aug, 2024

6 min read

RBA to hold, but borrowers should still plan for a hike, not a cut
Mark Bristow

Personal Finance Editor

What to expect from the RBA meeting in August 2024

Economists from the big four banks are in consensus that the Reserve Bank of Australia (RBA) Board will keep the cash rate on hold at its August 2024 meeting, with the most recent quarterly inflation data falling in line with the RBA’s forecasts. And while the big four banks are also forecasting that the Board’s next cash rate move will be a cut, the risk remains that the rate could rise if economic events don’t proceed as planned.

Home Loans

05 Aug, 2024

6 min read

What to expect from the RBA meeting in August 2024
Mark Bristow

Personal Finance Editor

Money in the bank drops for the first time in a year

Money in the bank from households has fallen for the first time in a year, recording a sizable $11.5 billion drop in just one month. 

Home Loans

01 Aug, 2024

5 min read

Money in the bank drops for the first time in a year
Mark Bristow

Personal Finance Editor

Rates to remain on hold as CPI provides the RBA with a temporary leave pass

The stage is set for the RBA to leave the cash rate on hold next week, despite a rise to Australia’s annual inflation rate from 3.6 per cent to 3.8 per cent.

Home Loans

31 Jul, 2024

5 min read

Rates to remain on hold as CPI provides the RBA with a temporary leave pass
Mark Bristow

Personal Finance Editor

NAB cuts fixed rates for the first time in 2024

Australia’s third largest home loan lender, National Australia Bank, has today slashed its 3-year fixed rate by 0.60 percentage points – the first fixed rate change from a big four bank this year.

Home Loans

22 Jul, 2024

6 min read

NAB cuts fixed rates for the first time in 2024
Mark Bristow

Personal Finance Editor

Average new loan size hits record high despite rate hikes

The size of the average new owner-occupier mortgage in Australia has hit a record high, as borrowers sign up to bigger debts than ever before.

Home Loans

08 Jul, 2024

5 min read

Average new loan size hits record high despite rate hikes