Home Loan News

What could a recession mean for you?

The ASX plummeted last Thursday, with a loss of over $60 billion wiped from the local stock market. If a recession is imminent, what does it mean for you?

Negative interest rates: is it time to bury your money?

Find out exactly what negative interest rates means for Australians. If the RBA reduces the cash rate to 0% or less, it time to bury your money?

Making sense of the rate cuts, what does it all mean?

APRA changes: why the average Aussie family can now borrow $60K more

APRA’s decision today to remove the 7 per cent floor on home loan serviceability assessments will help take the brakes off Australia’s home loan credit crunch.

What the big bank rate cuts mean for mortgage holders

Why the banks aren’t likely to pass on the next RBA rate cut in full

The RBA could cut the cash rate again as early as tomorrow however it’s unlikely the big four banks will pass it on in full.

Banks back away from risky business

Banks continue to turn their backs on riskier home loans, as the value of new interest-only and low doc loans hit record lows, according to APRA data released today.

14 more lenders drop home loan rates

HSBC, Bankwest, AMP and Bendigo Bank are among 14 lenders to cut home loan interest rates since the last RateCity.com.au update yesterday.

ANZ shocks by not passing on full RBA rate cut

The RBA has finally taken the plunge, cutting the cash rate to a new low of 1.25 per cent.

Australia’s lowest home loan rate just got lower