Rate change: ING raises home loan rates
Online bank ING has announced that it will be lifting interest rates on a number of its fixed and variable home loans by 10-30 basis points effective tomorrow (February 3).
It’s official, home buyers took on debt like never before in 2021
New loan commitments taken on by Australian property buyers reached new heights over the course of 2021 according to figures released by the Australian Bureau of Statistics (ABS) on Tuesday.
More Aussie couples buying a home before tying the knot
The Australian property market’s current run has fuelled a fresh round of FOMO. So much so that for many Australians, buying a home has become a more pressing goal than tying the knot.
Median house prices in Australian capital cities surpass $1 million
House prices have continued their meteoric rise in Australia, in particular around capital cities where the median house price has hit a record $1.066 million.
Is 2022 your last chance to lock in a low fixed home loan rate?
After reaching some of the lowest points recorded in years during 2021, interest rates on fixed home loans have started rising across the board.
How to choose a home loan: A NAB and Citi loan comparison
It can be overwhelming looking at home loans. Tools like our home loan repayments calculator or comparison hub can be very good starting points to give you key numbers, though there’s still more you can do.
Saving for a home loan? Here’s where to buy with a smaller deposit
In the last two years, the Australian property market has defied expectations. The market’s value recently broke the $9.1 trillion mark in September with the prospect of continual growth into 2022.
Investor borrowing hits highest level since 2015 while first home buyers drop out
Despite sky-high prices, enthusiasm for investment properties appears to be continuing to grow, with investors taking out new loans at near-record levels in order to get into the market.
New lender OneTwo rewards customers with ongoing discounts on home loans
OneTwo is one of the newest lenders in the country and is on a mission to reward borrowers for their loyalty. The lender has launched its own automatic rate-reducing home loan, where you receive discounts the more you pay off your mortgage.
5 tips for saving money to buy your first home
Many people dream of one day owning a home, but the task is easier said than done. To get into the Australian property market, most people need a home loan and to do that you need an initial deposit.