Home Loan News

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

Suncorp offers up to $4,000 refinance cashback for health, education and emergency service workers

Suncorp has launched a home loan refinance cashback offer of up to $4,000 for health, education and emergency service workers.

By Alex Brewster ● May 21, 2020

BOQ and Virgin Money cut home loan rates to record lows

Bank of Queensland has slashed home loan interest rates in an aggressive attempt to expand its mortgage book.

By Alex Brewster ● May 20, 2020

Should you withdraw from your super during COVID-19 to buy a home?

COVID-19 might have wreaked havoc on the economy, but for those looking to enter the property market, one of the government’s relief measures could provide a silver lining.

By William Jolly ● May 19, 2020

Aussies withdrew $9bn in superannuation in three weeks

Australia's financial watchdog revealed that between 20 April and 10 May nearly 1.2 million successful super withdrawal applications were made.

By Harrison Astbury ● May 18, 2020

The Australian property market decade in review

A new report has lifted the lid on the decade that was for the Australian property market.

By Alex Brewster ● May 18, 2020

Macquarie Bank makes sweeping home loan rate cuts

Macquarie Bank and Northern Inland Credit Union have made a sweeping raft of rate cuts across their owner occupier and investment home loans.

By Emma Duffy ● May 15, 2020

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