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Home Loans

Mortgage stress affecting 40% of households, despite property market aflush with stimulus

Billions of dollars’ worth of government and bank support has failed to put a lid on mortgage stress, soaring to its highest level ever.

Aug 11, 2020( 4 min read )

Home Loans

Lenders slash mortgage rates while Australians top up offset accounts

Average home loan interest rates have declined by between 33 and 45 basis points over the last quarter, according to the Reserve Bank of Australia (RBA). While this has reportedly led more Australians to refinance their mortgages and top up their offset accounts, fewer new home loans have been recorded.

Aug 8, 2020( 4 min read )