watch out for low deposit home loans this mortgage season!

RateCity StaffSep 7, 2012( 1 min read )

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Borrowing cheaper but now more difficult

Home loan rates continue to drive lower in September with more than 220 rate cuts made in the past week, despite today’s RBA decision to leave interest rates on hold at 1.50 per cent.

Sep 6, 2016( 2 min read )

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Singles priced out of the property market Australia wide

Only two of Australia’s eight capital cities have a median house price that can be afforded by an average single income, new analysis by Australia’s leading financial comparison website, RateCity.com.au, shows.

Sep 28, 2016( 3 min read )

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Cash rate holds at 1.5%, yet mortgage stress on the rise

The RBA has left the cash rate on hold at the historical low of 1.5 per cent today. Yet, new research shows that the financial pressures of paying off a home loan are increasing.

Dec 6, 2016( 2 min read )

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Fixed rate war is waged as cash rate remains steady

The RBA has left the cash rate steady at 1.75 per cent at today’s board meeting, but banks have taken matters into their own hands cutting to close to 200 home loan rates in the past month.

Jul 5, 2016( 3 min read )

RateCity found increase in home loans requiring smaller deposits for bigger home loans. Borrowing capacities can range by almost $1M with the same $40K deposit. First home buyers warned of the dangers with a low deposit home loan.

RateCity Staff

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Under Australia’s responsible lending rules, lenders aren’t allowed to approve $1,500 payday loans if they don’t believe the borrower can make the repayments.

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watch out for low deposit home loans this mortgage season!

Related articles

Borrowing cheaper but now more difficult

Singles priced out of the property market Australia wide

Cash rate holds at 1.5%, yet mortgage stress on the rise

Fixed rate war is waged as cash rate remains steady

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