Home Loan News

Westpac matches CBA and ANZ, hiking by 0.25% for variable customers AND hike select savings accounts

Australia’s second largest lender, Westpac, has tonight announced it will pass on the cash rate hike in full to its variable rate mortgage customers, effective 17 May 2022.

ANZ follows in CBA’s footsteps – hikes by 0.25% for variable borrowers

ANZ will pass the RBA cash rate hike in full to its variable rate mortgage customers, effective 13 May 2022.

Some of the best home loans in May 2022

After months of speculation and anticipation, the Reserve Bank of Australia (RBA) has increased the national cash rate at its May meeting. This could lead to rising interest rates in the future, making it important to compare the available options before selecting a mortgage lender.

3 of the big 4 banks predict RBA will hike in May - how high will rates go?

Three of the big four banks forecast that the RBA will pull the trigger on a rate rise in May, bringing the cash rate up for the first time in over a decade.

After 11.5 years of cuts – are Australians ready for RBA rate hikes?

After more than a decade of interest rate cuts, the Reserve Bank is set to start hiking the cash rate as soon as tomorrow.

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

While the Reserve Bank of Australia (RBA) kept the national cash rate on hold at its April 2022 meeting, economists from Australia’s big banks are now forecasting that interest rates could start rising as soon as June 2022. This could not only raise the cost of mortgage repayments, but potentially affect property values, which could present new challenges for property investors and homeowners planning to refinance.

Big banks update RBA forecasts – how high will interest rates now go?

Economists from all four big banks now believe the cash rate will start rising from May, with Westpac and NAB the last of the major banks to bring forward their forecasts.

Some of the best home loans in April 2022

The Reserve Bank of Australia (RBA) has kept its promise to be patient with the national cash rate, holding it at the record low of 0.1 per cent for another month. But with some big banks forecasting that rates could start rising later this year, what are some of the options available to home buyers and mortgage holders? 

3 in 4 borrowers will need to cut back expenses when RBA hikes rates

New research shows three in four borrowers will have to cut back their spending to meet the forecasted RBA hikes.

Australia’s top 30 suburbs for rentvesting

With house prices on the high side in many areas of Australia’s cities, many homebuyers are turning to the strategy of ‘rentvesting’ – buying an investment property where they can afford, and renting a home where they want to live. New research has revealed 30 suburbs around Australia where a rentvesting strategy could potentially pay off.