Home Loan News

Some of the best home loans in March 2021

After a year of ups and downs, Australia’s home loan marketplace is looking a lot different. Following emergency cash rate cuts from the Reserve Bank of Australia (RBA) and an economic recession, many lenders have thoroughly slashed their home loan interest rates.

Bank of Queensland to acquire ME Bank, pushes to compete with big four

Bank of Queensland has revealed a $1.325 billion deal to purchase ME Bank in an effort to compete with the big four banks and “balance out” its presence on the east coast.

Australia’s lowest 2-year fixed rate now comes with $3K+ cashback

Home loan cashback deals are heating up again, with international bank, HSBC, today offering a $3,288 cashback to refinancers on its fixed and variable rate loans.

Some of the best owner occupier home loans for February 2021

With Australia’s cash rate predicted to sit on hold at just 0.10 per cent for at least the next few years, RateCity analysis indicates that we may be looking at the bottom of the cycle when it comes to home loan interest rates.

How refinancing your home loan could save you big

In a time when every dollar counts for household budgets, it’s no surprise so many Australians are looking to get a little breathing room from their mortgage repayments. Let’s take a look at just how refinancing may help your finances in 2021.

Neobank 86 400 to combine with UBank

One of the leading neobanks in Australia, 86 400, has today announced the proposal for its acquisition within the NAB family, combining with UBank.

Some of the best investor home loans for January 2021

While much of the record levels of borrowing activity at the end of last year came from owner occupiers, including first home buyers, interest rates have also fallen for investor loans.

Australia’s new lowest home loan rate breaks records at 1.75% with UBank

There’s a new lowest fixed home loan rate in Australia, with UBank offering home loan customers a new rock-bottom 3-year fixed rate of only 1.75 per cent.

Australia sees highest number of first home buyers since the GFC

In November 2020, Australia saw its highest number of owner occupier first home buyer loan commitments since October 2009, according to the Australian Bureau of Statistics (ABS).

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

Could 2021 be the year you buy your first home? Or are you overdue to refinance the mortgage on your home? In any case, you’ll want a home loan that suits your needs.