Home Loan News

Auswide cuts mortgage rates

Auswide has cut interest rates on selected home loans, including fixed and variable rate options for investors and owner occupiers.

ANZ cuts fixed rates as the home loan market heats up

ANZ has today dropped rates across several fixed rate home loans, becoming the last of the big four banks to slash fixed rates in recent weeks.

ATO targeting property investors with “in-depth audits”

Attention property investors: your friends at the Australian Taxation Office might be taking an uncomfortably close look at your tax return later this year.

Bankwest cuts fixed mortgage rates a second time in two months

Bankwest has continued to adjust the interest rates on its home loans, slashing the fixed rates on selected mortgages for the second month in a row, which could potentially save new borrowers money on their home loans.

ME Bank cuts mortgage rates

ME Bank has reduced its home loan interest rates by up to 50 basis points, which could reduce the cost of a typical mortgage by $42,000.

Do Australians prefer banks to brokers?

With sweeping changes to mortgage broker remuneration on the table in the wake of the recent banking royal commission, new figures indicate that Australian mortgage holders may be more satisfied with their experience when applying for a mortgage directly through a bank branch.

Bendigo Bank and Credit Union SA cut mortgage rates

Bendigo Bank and Credit Union SA recently cut variable interest rates on selected home loans, in a month where several other lenders have increased rates.

“Banks remain willing to lend”: APRA boss

Australia’s chief banking regulator has dismissed the idea that the country is experiencing a credit squeeze.

Australian dwelling values still falling

The first month of 2019 did not see Australia’s housing markets improve, with CoreLogic recording month-on-month falls in dwelling values in every capital city apart from Canberra.

ME Bank hikes variable home loan interest rates

ME Bank has today announced it will increase its variable home loan interest rates for both new and existing customers.