Rate War: Another lender introduces a home loan under 2% Last night, HomeStar Finance introduced an owner-occupier home loan fixed for one year at 1.98% p.a. (2.51% p.a. comparison rate*) By Harrison Astbury ● July 31, 2020
Australian property market remains resilient, but will it last? A new report has revealed the Australian property market is balancing on a tightrope. By Alex Brewster ● July 30, 2020
NSW slashes stamp duty for first home buyers The New South Wales government has made temporary changes to stamp duty to help boost first home buyers and the construction industry. By Alex Brewster ● July 27, 2020
Government taxes make up one third of Victorian home buyer costs Victorian home buyers are handing up to a third of the purchase price of a new home to the government, a new report reveals. By Emma Duffy ● July 27, 2020
House rents 'set to soar' in many Aussie towns amid undersupply Australia is experiencing the tightest housing supply conditions in more than a decade, according to new analysis. By Alex Brewster ● July 27, 2020
Construction home loan rates cut on back of HomeBuilder grant Some lenders have cut interest rates for construction loans, with one cutting by 50 basis points. By Harrison Astbury ● July 24, 2020
Unit prices slip lower in every capital city over June quarter All major capital cities saw unit prices fall across the June quarter, while only Adelaide, Canberra and Hobart saw an increase in house prices, new research shows. By William Jolly ● July 23, 2020
Major online lender launches sub-2.00% home loan One of Australia's largest non-bank lenders, loans.com.au, has launched what could be Australia's lowest variable home loan rate. By Alex Brewster ● July 22, 2020
Rents plummet in Sydney and Melbourne amid record oversupply of properties An oversupply of properties is making it cheaper to rent in Australia's biggest capital cities. By Alex Brewster ● July 20, 2020
Member-owned banks lead charge in cutting home loan rates In the past week, Reliance Bank, People's Choice and Hunter United all cut home loan interest rates, with one cutting by up to 55 basis points. By Harrison Astbury ● July 17, 2020