Home Loan News

Loans.com.au launches new low-rate investment home loans

Leading fintech lender loans.com.au has today released two new investment home loan products: the Smart Investor home loans.

By William Jolly ● September 23, 2019

New trends emerge among first home buyers

Australians have become more pragmatic when buying their first home, with many looking at buying a small apartment and trading up within five years.

By Alex Brewster ● September 23, 2019

Bendigo Bank, Adelaide Bank, Newcastle Permanent among latest lenders to announce cuts

Bendigo Bank, Newcastle Permanent and Adelaide Bank are now offering interest rates as low as 2.99%.

By Emma Duffy ● September 20, 2019

The ACCC wants another banking inquiry

ACCC chairman Rod Sims has reportedly sought approval from Treasurer Josh Frydenberg to conduct another inquiry into banks, according to government and regulatory sources.

By William Jolly ● September 18, 2019

All signs point to another RBA rate cut in 2019

The release of the Reserve Bank of Australia’s (RBA) September meeting minutes has made a clear case for a third cash rate cut in 2019.

By Alex Brewster ● September 18, 2019

Can customer-owned banks keep pace with rate cuts?

With interest rates on many savings accounts and term deposits already at or approaching 0% p.a, many banks, particularly small customer-owned institutions, are expected to struggle to pass on future rate cuts to home loan customers.

By William Jolly ● September 17, 2019

Home loan customers opt to pay down debts in wake of rate cuts

Mortgagors on interest-only loans are choosing to pay down their debt, switching from interest-only to principal and interest home loans ahead of expiry amid record-low interest rates.

By Emma Duffy ● September 17, 2019

First Home Buyer 5% Deposit Scheme hits parliament

Consultations with lenders regarding their participation in the Federal Government’s new First Home Loan Deposit Scheme are due to begin following the introduction of draft laws.

By Emma Duffy ● September 13, 2019

More Aussies approved for home loans with smaller deposits

The latest banking data shows that there was a rise in the proportion of loans approved with deposits smaller than 20%.

By William Jolly ● September 12, 2019

NAB says RBA may cut interest rates to near zero

NAB economists have changed their mind on the Reserve Bank outlook and now believe the RBA could cut the cash rate to as low as 0.25% by mid-2020 unless there is “meaningful stimulus”.

By Emma Duffy ● September 12, 2019

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