Home Loan News

9 out of 10 homes selling at a profit

The value of residential sales on resold properties hit $17.7 billion in the September 2017 quarter, far greater than any losses seen across Australia.

The best performing housing markets over the decade

Looking to get into the housing market, but not sure where to buy?

Rates set to remain unchanged, but will we see a hike in 2018?

Christmas is not likely to bolster the Reserve Bank this month, with the official cash rate set to remain unchanged at 1.50 per cent on Tuesday.

Best cities for families revealed

Good news for Sydneysiders, the harbour city has been named the best Australian city for families in a recent Homeday Index, coming in 13th in the world.

ANZ cuts interest rates

ANZ has increased the special offer discount for eligible customers of its Simplicity PLUS home loan package.

Affordability eases for owner occupiers, toughens for investors

While increasing levels of government regulation have made housing affordability tougher for property investors in recent months, conditions have eased slightly for owner occupiers as a result, according to the Housing Industry Association (HIA).

More Aussies own less of their homes

The number of Australian mortgage-holders with little or no real equity in their properties has grown over the past 12 months, according to figures from Roy Morgan Research, placing them at considerable risk if they must sell or prices decline.

Authorities cracking down on interest-only loans

Australia’s financial services regulator has said it will investigate lenders and mortgage brokers who write relatively high volumes of interest-only loans.

Is Australia's future housing supply at risk?

An unprecedented number of Australian dwellings are currently in the development pipeline, according to the Australian Bureau of Statistics (ABS). With the average length of time between dwelling approval and commencement increasing, there is a growing risk that these projects could end up abandoned, potentially affecting Australia’s future building activity and housing supply.

Are Australia's highest-value properties also the most at-risk?

Australia’s most expensive properties may have recorded the greatest value growth over the past year, but are also the most vulnerable to the effect of a potential housing crash, according to CoreLogic stats.