Loans and finance
News about the property market, home loans and mortages
Loans and finance
News about the property market, home loans and mortages
Lockdowns more detrimental to buyers than hikes in fixed interest rates: mortgage brokers
If house hunters have been shopping around for months, the latest series of lockdowns may prove to be worse news than any rate rise.
More than half a million households able to green their home with ultra-low interest loan
With half the country locked down and others working remotely for part of the week, a major bank has come up with a way for home owners to slash their energy bills.
Five common yet confusing property finance terms explained
Property finance is riddled with terminology and jargon that can confuse even experienced buyers and sellers, but arming yourself with knowledge before making a move improves your chances of success.
Five upfront costs that first-home buyers shouldn't overlook
When it comes to buying a home, it’s not just the deposit that first-home buyers have to save. There’s taxes, essential checks and legal fees too.
Sustainable Household Scheme to begin this week: ACT government
The ACT government’s election promise to provide interest-free loans to install roof-top solar panels, household battery storage and hot water heat pumps will begin this week.
June interest rate announcement: RBA holds cash rate at record low of 0.1 per cent
The Reserve Bank has kept the cash rate at a record low of 0.1 per cent, with inflation remaining below targets despite short-term spikes.
Federal budget 2021: Fears many single parents won't qualify for home loans in Family Home Guarantee
Home buyers can get into the market with a deposit as small as 2 per cent under a government program. But there are worries a hidden hurdle could make the scheme too good to be true.
Hopeful buyers need to save thousands of dollars to keep their 20 per cent deposit
Have you been saving an extra $1585 a week? That’s how much you need to have been putting away this year to keep up with the market – and maintain the 20 per cent deposit you saved last year.
Federal Budget 2021: First-home owner measures met with mixed reactions as experts urge more supply
The government will go guarantor on more loans for first-home buyers and single parents, and will let buyers save more through their superannuation. But who is being left behind?
May interest rate announcement: RBA holds official interest rate at 0.1 per cent
The official interest rate remains on hold despite inflation speculation dominating global markets, but some big banks have already started increasing rates for fixed loans.