Home Loan News

ANZ predicts four more double RBA hikes by November

If the cash rate gets to 3.35% by November, as forecast by ANZ, the average borrower could be paying a total of $909 more a month in the space of seven months.

ANZ acquisition of Suncorp: what would it mean for the big four home loan share? 

ANZ could increase its share of Australia’s tightly held mortgage market by 17.7 per cent, if the bank gets the green light on its proposal to acquire Suncorp Bank. 

Some of the best home loans for investors and refinancers in July 2022

Multiple back-to-back hikes to the national cash rate from the Reserve Bank of Australia (RBA) may be putting pressure on the budgets of many Australian mortgage holders, leading to more discussions of refinancing. But as lenders keep passing on the RBA rate hikes (which are forecast to continue), how can you be confident that you’re getting a home loan that will suit your needs?

20 suburbs where fixed-rate borrowers could save by refinancing

Australians who fixed their home loan interest rates when the cash rate was low may be at risk of ‘mortgage prison’ when their loans revert to higher variable rates, according to Reduce Home Loans. New research has revealed some of the locations where borrowers could potentially save money by refinancing.

30 cashback home loan deals up for grabs in July

There are 30 cashback deals on offer this July for homeowners looking for a competitive deal, plus extra benefits for those eligible. Compare refinance cashback deals, waived LMI and bonus credit card points offers.

Has your bank hiked home loan rates yet? When will mortgage repayments rise

The Reserve Bank of Australia has hiked the cash rate for the third month in a row, and some of the biggest names in home loan have already announced rate hikes as early as next week.

ANZ joins CBA and hikes home loan and some savings rates by 0.50%

ANZ has followed CBA and hiked variable rate mortgages and some savings account by the full 0.50 percentage points.

CBA hikes home loan rates and some savings accounts by 0.50%

Australia’s largest bank, CBA, is the first of the big four to announce it will pass yesterday’s double cash rate hike onto its variable home loan customers.

Some of the best home loans in July 2022

Following back-to-back 50-point hikes to the national cash rate from the Reserve Bank of Australia (RBA), first home buyers and other owner occupiers could be facing a delicate balancing act. While higher rates could make securing finance for your property purchase more challenging, they could also lead to property prices falling in some areas.

Australia’s love affair with fixing ends as refinancing surges

New borrowers have turned their backs on fixing, with just 12% of the value of new home loans fixed in May, according to the ABS.