Home Loan News

Macquarie introduces 'lowest ever' fixed home loan rates

After cutting home loan rates two weeks ago, yesterday Macquarie cut again, primarily to its fixed investment home loans with 70% loan-to-value ratios.

By Harrison Astbury ● May 29, 2020

RBA: Economic downturn not as severe as previously thought

Australia's central bank has given an optimistic, if not cautious outlook on the economy.

By Alex Brewster ● May 28, 2020

Property investors confident despite wider downturn concern

A survey in May found 72% of property investors were confident about the market's short-term prospects.

By Harrison Astbury ● May 28, 2020

Australia's 8 capital city property markets ranked

Research shows Canberra might be the hottest capital city to buy in over the next 12 months, as the property market enters a post-COVID era.

By William Jolly ● May 28, 2020

First Home Loan Deposit Scheme reaches capacity

The Morrison Government's First Home Loan Deposit Scheme has been filled, after the 10,000 limit of borrower guarantees was reached last week.

By Emma Duffy ● May 27, 2020

Aussies drastically change their property price expectations

New research highlights just how much Australian house price expectations have changed before and during COVID-19.

By William Jolly ● May 27, 2020

Westpac throws lifeline to keep struggling mortgage holders afloat

Westpac has announced it will allow customers to change the conditions of their mortgage repayments without a serviceability assessment.

By Emma Duffy ● May 25, 2020

Builders call on Government to introduce $40k uncapped new home building grant

A $13.2 billion building and construction stimulus action could create over $30 billion in new economic activity and more than 100,00 new jobs.

By Alex Brewster ● May 25, 2020

NAB cuts home loan interest rates, ANZ raises

National Australia Bank today cut interest rates on a number of home loans by up to 60 basis points, while ANZ raised some residential loans by 10 basis points.

By Harrison Astbury ● May 22, 2020

RBA Governor calls on banks to help post-COVID-19 recovery

Reserve Bank Governor Philip Lowe has called on Australia's banks to not be afraid to lend, as Australians begin to move out of COVID-19 restrictions.

By William Jolly ● May 21, 2020

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