Home loan news and advice

All the latest home loan news and top tips to help you manage your home loan.

Home lenders slash variable rates despite RBA hold

Home lenders slash variable rates despite RBA hold

Australia’s average variable home loan rate has hit a jaw-dropping new low of 3.14% this month despite the Reserve Bank keeping rates on hold, as the battle for borrowers intensifies amongst the nation’s top rival lenders.

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Meet the lenders taking on the big banks in 2021

Meet the lenders taking on the big banks in 2021

In case you missed the news, lending rates have gone off a cliff in the past two years in the wake of six Reserve Bank interest rate cuts, including one last November. And now that the dust has settled, Aussie borrowers have a real opportunity in 2021 to take advantage of some of the lowest rates on record.Borrowers looking for the sharpest rates will need to look beyond the big banks though. Rival lenders have taken the spotlight: not only dishing up super low variable and fixed rates, but also new features and extra incentives.It’s little wonder that rival lenders are seeing a spike in customers switching their home loans and other borrowings from the major banks, with some genuinely big savings now available for those who are prepared to shop around.So, if you're sick of paying more than you need to on your home loan, personal loan or business loan, you’ll want to get acquainted with these killer lenders taking on the big banks in 2021.

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How does land affect the cost of property

How does land affect the cost of property?

A property’s cost may be affected by the size, shape and location of the land it sits on. Having property with a lot of land doesn’t immediately equal having high property value though. There are several factors that come into play when assessing the land-to-asset ratio. But the most important is location.

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How to calculate the value of an investment property

How to calculate the value of an investment property

Property prices have skyrocketed over the last year, but recent lockdowns have caused a ripple of uncertainty in the market which could be a precursor to a brief period of that price growth plateauing. And if you’ve already had your eye on house sale listings for a while, this movement might have you thinking about investing.

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