Home Loan News

ANZ joins the race to hike fixed rates

Australia’s fourth largest bank, ANZ, has hiked its fixed rates for the second time in three weeks.

Some of the best home loans for owner occupiers in November 2021

According to the Australian Bureau of Statistics (ABS), owner occupier lending has fallen over recent months, while investor lending has climbed. This is understood to be partly due to skyrocketing property values in popular areas pricing some first home buyers out of the market, unless they can get significant assistance from parental guarantors, government support programs, or both.

ABA shakes up hardship rules, introduces savings buffer

The Australian Banking Association has announced a revamp of its hardship support guidelines, as the rate of customers seeking hardship assistance falls across the nation.

Some of the best home loans in October 2021

With the Reserve Bank of Australia (RBA) committing to keep the cash rate on hold for the next few years, and mortgage lenders continuing to slash interest rates, regulators are taking steps to limit risky borrowing and cool overheated property prices.

How APRA caps could impact how much Australians can borrow

Consumer advocate RateCity.com.au welcomes news APRA is considering changes to address the increasing risk in Australia’s home lending market.

Some of the best home loans for investors and refinancers in September 2021

If you already own a home or investment property and are considering refinancing, the banks may want your business. Lenders are reportedly shifting their focus away from fixed rates, with some big banks slashing variable rates in response to record levels of refinancing activity.

Some of the best home loans in September 2021

The Reserve Bank of Australia (RBA) kept the nation’s cash rate on hold at its meeting this month. Despite the cash rate remaining steady for the year to date, several Australian mortgage lenders have been adjusting their home loan interest rates out-of-cycle from the RBA, pushing up fixed rates while competing to slash variable rates.

Some of the best home loans for refinancers and investors in August 2021

A recent Commonwealth Bank study found that home buying intentions declined in July 2021. Considering that much of the country is experiencing lockdown conditions, and many of us are accessing hardship assistance, it makes sense that buying a home or a car may be far from the first thing on our minds.

$100k home loan cashback on offer thanks to Athena competition

Online lender, Athena, is offering new and existing customers the chance to win a history-making cashback offer of $100,000 towards their mortgage.

21 lenders offering cashback on home loans rates under 2%

New RateCity.com.au analysis shows there are 25 lenders offering cashback deals – 21 of these lenders are also offering at least one rate under 2 per cent with the cashback for owner-occupiers.