Home Loan News

ANZ home loan rate hike puts end to rates starting with a '4'

ANZ is the first of the big four banks to announce it will pass on today’s 0.25 percentage point RBA hike in full to its variable mortgage rate, taking its lowest variable rate to 5.09 per cent.

What could Australia's property market look like in 2023?

Nationally, property prices fell 2.3 percent in 2022 and are anticipated to decline up to a further 10 per cent by December 2023. However, there’s evidence to suggest that the outcome won’t be as damaging as it might seem.

33 lenders offering cashback home loan deals in February 2023

This month, there are 33 lenders offering cashback deals for both refinancers and new buyers. These deals range from $1,500 to $10,000, depending on the size of your home loan. 

Some of the best home loans in February 2023

Home loan interest rates are expected to rise further this year as the Reserve Bank of Australia (RBA) returns from its January break to meet about monetary policy. But if the cash rate could be approaching its peak, what could that mean for Australia’s home loans?

Australians brace for another 0.25% RBA hike on Tuesday – how high will the cash rate go?

The Reserve Bank is widely tipped to hike the cash rate again next week by 0.25 percentage points, taking it to 3.35 per cent – the highest rate in almost 10.5 years.

These are the median house and unit prices in Sydney and its regions

Whether you’re considering purchasing your first home in Sydney or looking to nab another investment property, it’s crucial you familiarise yourself with the latest housing market data before you take the plunge.

Is Australia heading for a recession?

Forecasts remain conflicted. Australia last experienced a recession in 2020, an aftershock from the global COVID-19 pandemic. Before that we'd been sailing pretty since '90/91. The 2023 outlook for the world economy is contractionary but Australia may be well-positioned to face the headwinds of a potential recession.

Some of the best home loans for investors and refinancers in January 2023

Rising inflation figures indicate that the Reserve Bank of Australia (RBA) is more likely to raise the national cash rate again later this year. With these hikes likely to be quickly passed on as higher mortgage rates, Australians hoping to invest in property or refinance their home loan may want to compare their options to make sure they’re getting value for money.

New year, new home loan: 34 lenders offering cashback deals in January

This month, there are 34 lenders offering cashback deals for both refinancers and new buyers. These deals range from $1,500 to $10,000, depending on the size of your home loan. 

Some of the best home loans in January 2023

What can you expect from home loans in 2023? While the Reserve Bank of Australia (RBA) doesn’t meet in January, at least one more rate hike is being forecast for later this year by Australia’s biggest banks. Whether you’re buying your first home or managing the repayments on your current mortgage, it’s important to get a good idea of which home loans may offer the most value for money in 2023.