First home buyers in NSW get land tax option - how does it work?
NSW Premier Dominic Perrottet has confirmed that eligible first-time borrowers will have the option of paying stamp duty or an annual land tax, starting 16 January, 2023.
CBA and ANZ hike fixed home loan rates ahead of June RBA decision
On the heels of NAB and Westpac’s rate hike announcements only last week, the rest of the Big Four banks have joined in the frenzy. Today, Commonwealth Bank and ANZ escalated interest for their fixed rate owner-occupied home loans by as much as 0.80%.
Westpac raises fixed home loan rates by up to 80 bp
Today, Westpac announced a series of hikes to its fixed rate Premier Advantage home loans, making it the first Big Four bank to lift fixed interests this month. The changes will affect both owner-occupier and investment products and vary between 80 basis points on 1-year terms and 30 for 5-year terms.
Housing market cooling off? High withdrawals and low sales could spell slowdown
Ever been so unpopular you straight up took yourself off the market? Turns out this was the case for a startling number of sellers this week, with nearly one in five Sydney properties withdrawn against a middling success rate of only 62%.
Comparing Liberal and Labor's housing proposals: which one will actually solve housing inequality?
Home ownership rates have been falling for decades, especially among younger and poorer Australians. And the latest property boom has made the prospect of buying a home seem even more distant for many.
The best home loans in Australia for 2022
Interest rate rises are now on the cards for 2022, making it more important than ever to ensure that your home loan stacks up against the competition. An uncompetitive interest rate could translate into hundreds of dollars in extra monthly repayments when rates start to rise in earnest.
Nano breaks the mould with "the world's fastest home loan"
Taking aim at two of the biggest gripes amongst home borrowers – slow approvals and uncompetitive rates – digital lender Nano has opened its doors in Australia with super cheap rates and what it claims to be “the world’s fastest home loan”.
May RBA rate hike: Which banks have increased home loan rates?
Last updated: 10:29 am 10 May 2022
Online lender boom: Aussies ditch banks for better rates
Online lenders are back with a roar in 2022, taking on the banks with super low rates and responding to consumer demand for faster, more efficient approval and funding processes for home loans, personal loans and even business loans.
Lenders target refinancers with ultra low rates
Interest rates are on the rise this month, but if you're looking to refinance and have built up some decent value in your property, there's still a way to secure a killer variable rate in return for a generous deposit or equity on your property.