Which Sydney suburb has the highest rental yield? The average rental yield in the greater Sydney area is 2.8 per cent for houses and 3.7 [...]
When you’re looking at a property to buy, you need to be sure you are aware of the condition of the place. It might look [...]
Are you looking for Australia’s lowest mortgage interest rate? One lender is consistently one of the cheapest lenders in Australia. Comparing home loans can be [...]
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Athena Home Loans like to deliver savings When the Reserve Bank of Australia announced a 0.25 percentage point rate cut this week, the first lender [...]
Around 100,000 owner-occupier home loan borrowers have been reclassified as investors. The change means they could be hit with higher interest rates in the future. [...]
You have an account with at least one of the Big Four banks – ANZ, CommBank, Westpac or NAB or another bank or credit union [...]
More Aussies are taking out home loans requiring them to spend thousands on Lenders Mortgage Insurance (LMI), but do they really know what they’re paying [...]
What is a guarantor home loan and how does it work? Quite simply, a guarantor home loan is one that has a portion of the [...]
New ‘secret shopper’ research reveals what each big bank is prepared to lend – and the answers will SHOCK you. In fact, the differences right [...]
Lenders don’t use the loan’s advertised interest rate to assess your application and whether you can afford to repay it - they have much higher [...]
Westpac announces amazing new low rates and first major regional bank goes under 3%* Westpac slashes home loan rates by up to 1.30%. Westpac has [...]
…. and how to get the best home loan deal ‘I want the best home loan’ By Jason Bryce Low interest rate, low fees, fixed rate, variable [...]
By Richard Holdcroft With the lowest home loan interest rates in history now on offer, there are potentially huge savings to be had on your mortgage. Thanks [...]
The world economy is in totally uncharted territory. Last week central bankers from around the globe met in Jackson Hole, Wyoming, USA and tried to [...]
Home loans typically last for 25 or 30 years, unless you repay it early or refinance. Refinancing means using a new loan to pay off [...]
US President Donald Trump is an unconventional and controversial political leader. That’s not news but what you may not realise is how much influence Mr [...]
Looking for an investment home loan is quite different to looking for an owner–occupier home loan. Here’s what you need to look at when you’re [...]
If you’re looking to shave off a few dollars from your mortgage each month, then turning to an online lender is a good option for [...]
How much can I save by refinancing? Refinancing your home loan could be one of the best financial decisions you ever make. And refinancing is [...]
Westpac has emerged victorious after a bombshell court decision today that vindicates automated assessments of loan applicant’s living expenses using a formula called the Household [...]
Despite recent property price falls, it’s still difficult to get together a 20 per cent home deposit. If you’re renting and trying to save up [...]
Home loan rates have hit all-time record lows. The property market is showing signs of recovery. Regulators have eased home loan eligibility guidelines. Lenders are [...]
When you’re looking for a home loan deal, you’ll probably think first of approaching one of the Big Four Aussie banks – NAB, ANZ, Westpac [...]
Australia’s Big Four banks – Commonwealth Bank, Westpac, ANZ (Australia and New Zealand Bank) and NAB (National Australia Bank) dominate our economy and are most [...]
Strictly speaking, you don’t pay stamp duty on your home loan, you pay it as a tax on your property purchase. However, you’ll have to [...]
For many of the hopeful, wannabe homeowners in Australia, it’s not keeping up with home loan news and finding the right property that stumps them, [...]
You might love the freedom of being self–employed but you probably don’t like the attitude of banks and lenders to self-employed loan applicants. One of [...]
Home loan rates in Australia have never in living memory been as low as they are now. In short, it’s a great time to be [...]
Thousands of Australians who are currently considered not able to afford a home loan are about to suddenly become eligible for mortgage credit. Home loan [...]
If you’re Muslim, then you may have wondered for a long time about how you can get a mortgage so you can own your own [...]
The Reserve Bank of Australia has announced a cut in official interest rates (OCR) of 0.25 percentage points to 1 per cent. The first big [...]
The Reserve Bank of Australia has announced a cut in official interest rates (OCR) of 0.25 percentage points to 1 per cent. Vadim Taube, chief [...]
When you’re planning to buy your first property you spend hours on real estate sites, sighing over the video tours and ads about easy home [...]
The Reserve Bank of Australia board meets on Tuesday 2 July to decide whether to cut interest rates for the second month in a row [...]
Which bank is greenest? Are you concerned that the planet is warming and some politicians are really not responding with appropriate urgency? Are you concerned [...]
What is a real estate “bubble?” A property bubble is initially fueled by demand which outstrips a limited supply. It’s the increasing price of housing [...]
“It is more affordable to buy than rent” Which cities and towns are cheaper for home buyers than renters? Suddenly in 2019, there are plenty [...]
Tuesday June 4 will be remembered as the day the Reserve Bank of Australia (RBA) reduced interest rates to a new all-time record low. The [...]
Commonwealth vs Westpac vs NAB vs ANZ Australia’s Big Four banks are Westpac, National Australia Bank (NAB), Commonwealth Bank and ANZ. They’re called the Big [...]
‘When people look around, they generally get a better deal’ If you are one of the many millions of Australians who have been angered by [...]
Get married, buy a house, and live in it. Simple, right? Perhaps not. This path of normality paved by older generations has left millennials perplexed [...]
Non-bank lender announces amazing new super-low comparison rate The Reserve Bank of Australia has just announced an historic cut in the official cash rate (OCR) [...]
Borrowers are today celebrating Australia’s first official interest rate cut in almost three years, and experts are predicting more to follow. But why wait to [...]
Does Australia need an interest rate cut? Vote YES or NO https://www.facebook.com/193785440635734/posts/2667190169961903/ Should monetary policy put “People before Profits” or “Poverty before Property Prices?” The [...]
Many Australians worry about their credit rating these days, especially if they know their own rating isn’t as good as it could be. Finding out [...]
Mortgage stress for Australians has reached an all-time high. Across the country, more than one million households are estimated to now be in mortgage stress—meaning [...]
Life is meant to begin at 40. You’re older. Wiser. Better equipped to deal with the world and what it throws at you, except, apparently, [...]
The first lender in Australia to announce a retail home loan rate under three per cent is Greater Bank. The Newcastle based mutual bank has [...]
The Reserve Bank of Australia has stubbornly resisted cutting interest rates in recent years but some lenders have been slashing their variable rate, and fixed [...]
The Turnbull government has announced ‘game changing’ new laws that will allow Australian’s to negotiate a better deal on their home loans, credit cards and [...]
Interest-only mortgages require much lower repayments than traditional ‘principal and interest’ home loans. Interest-only home loans are particularly popular with property investors who want to [...]
The proportion of prime Australian housing loans now in arrears has been rising in Australia for the last six months according to Standard & Poor’s. [...]
Global markets are braced for further Brexit related volatility this week. Markets have priced in a much higher chance of Australian official interest rates being [...]
National Australia Bank has suffered a heavy fall in customer satisfaction. According to Roy Morgan Research, NAB's rating fell 3.3 percentage points over the 12 [...]
Repayments on the average new mortgage are $254 less now, in mid-2016, than they were at Australia's borrowing peak in November 2015. That saving is [...]
Australian home loan borrowers are enjoying amazingly low interest rates and great competitive loan deals at the moment. But how much can a fixed rates [...]
Australian home loan borrowers have never had it this good. Lenders are now offering five-year fixed-rate deals at less than four per cent. But will [...]
The Queensland government announced that foreigners buying property in Queensland will pay a 3.0 per cent surcharge. REIQ chief executive Antonia Mercorella said foreign buyers [...]
Home loan growth among the mutual banks is more than double that of the big four Australian banks. Customer Owned Banking Association CEO Mark Degotardi [...]
Australia’s largest mortgage lender, the Commonwealth Bank has explained changes to investor home loan rates and rules following media reports it is loosening lending criteria [...]
Westpac has announced that new parents will now have their paid parental leave and return to work income recognised when they apply for a mortgage. [...]
The Reserve Bank of Australia board was content to keep official interest rates on hold for June at the current setting of 1.75 per cent. [...]
An average home loan borrower with a $300,000, 30 year home loan is paying, on average, a home loan rate of 4.95 per cent p.a. [...]
A mortgage offset account is a daily transaction banking account or savings account that is linked to a home loan. The balance in the account [...]
Low inflation looks like it is here to stay for a long time so low interest rates are likely to also remain in place for [...]
There are two basic types of home loan. The most popular type is standard variable. The rate can change throughout the life of the loan. [...]
Capital Economics, a research group, which was among the first to predict the RBA would slash interest rates to 1.5 per cent by August 2016. [...]
According to the latest Housing Affordability Report by Adelaide Bank and The Real Estate Institute of Australia, residential property is becoming more affordable. The proportion [...]
Getting into investment housing has become easier, with some major banks and credit unions now lending up to 95 per cent of the value of [...]
Sir Richard Branson launched Virgin Money Australia’s new home loan yesterday. Customers can earn 10,000 Velocity points for every $100,000 borrowed on a Virgin Money [...]
Suncorp Bank has reduced its two-year fixed rate home loan rate to 3.74 per cent for owner occupiers borrowing $150,000 or more, with a maximum [...]
MyState Bank and The Rock customers who refinance loans of more than $400,000 from another lender with a maximum LVR of 80 per cent will [...]
Teachers Mutual Bank’s three-year fixed rate has been reduced by 0.25 percentage points to 3.74 per cent (4.88 per cent comparison rate). Teachers Mutual Bank’s [...]
Macquarie Bank has announced new tough rules for loans to buy high-rise and high-density apartments. Macquarie Bank now requires a maximum loan-to-value ratio of 70 [...]
Westpac has lifted the maximum loan-to-valuation ratio for loans to property investors from 80 per cent to 90 per cent. Other lenders have been cutting [...]
Lenders are continuing to wind back their lending to self managed superannuation funds in order to comply with regulator targets. Adviser Samantha Bright said lenders [...]
Westpac has raised the maximum LVR for property investment home loans from 80 per cent to 90 per cent. St George Bank is offering cut-price [...]
Australia’s biggest lender to landlords, Westpac, is lowering the size of the deposits it will require from property investors. Westpac is lifting the maximum loan-to-valuation [...]
From 1 July 2016, new tax and superannuation laws introduce a 10 per cent withholding obligation on the purchasers of properties over $2 million where [...]