Home Loan News

ABS finds housing prices slide in June 2018 quarter

Housing prices across the nation are falling, and while the drops don’t exactly point to a freefall, major cities have seen consecutive price slides.

Which Aussie regions saw dwelling values rise or fall?

While much of the buzz around Australia’s housing markets has been focused on the capital cities in the eastern states, the nation’s regional areas have also experienced slowdowns in dwelling value growth.

Big Bank bust up, NAB goes it alone on behalf of its customers

NAB has bucked the rate-hike trend, announcing it will leave its standard variable rate on hold at 5.24 per cent today.

Bankwest cuts mortgage rates by up to 45 basis points

Bankwest has announced cuts to its variable interest rates for new investor home loans as well as cuts to fixed rates for owner occupier mortgages.

Banks use hot rates to lure new business, loyal borrowers pay the price

Banks are flooding the market with home loan products that offer special rates to drum up new business, while loyal customers pay the price.

Australia needs more homes for growing population, says expert

Australia’s growing population has hit a new milestone, climbing to 25 million people this week.

ANZ bucks the trend and cuts home loan rates

Australia’s third largest lender, ANZ, has slashed some of its home loan rates, as competition heats up in a flagging market.

Australian property markets range from ice-cold to red-hot

New quarterly data from Domain reveals Darwin property prices have fallen off a cliff, while Hobart values have stormed ahead.

Bendigo Bank joins the out-of-cycle rates party

Australia’s seventh largest lender Bendigo Bank has become the latest home loan provider to hike rates out of cycle by up to 16 basis points.

Australian property prices predicted to fall well into 2019

Australian sentiment towards property is at a two-year low, and it’s expected to worsen as property prices in most major cities are predicted to keep falling well into 2019 according to NAB economists.