Mortgages

Australian mortgage holders may face another interest rate hike from the Reserve Bank of Australia (RBA) in 2025 if inflation does not decline, according to a recent assessment by the …

Australia’s banking regulator, APRA, has declined to reduce the serviceability buffer for new mortgages, maintaining it at 3 per cent despite calls from the Australian Banking Association, NAB, ANZ, and …

ANZ has recently followed Commonwealth Bank and NAB in reducing its variable home loan interest rates, despite the Reserve Bank of Australia’s (RBA) indication that an official interest rate cut …

Westpac has revised its forecast for the first cash rate cut, now expecting it in May 2025 instead of February. This update aligns with NAB’s recent predictions. In a positive …

A recent report from ANZ and CoreLogic highlights the escalating financial burden Australians face regarding housing costs. On average, households earning around $101,000 are now dedicating an unprecedented 33% of …

The Reserve Bank of Australia’s decisions on cash rates significantly affect the 3.2 million Australians with home mortgages and influence the broader economy. Key factors governing these decisions include inflation …

NAB has announced a pre-Christmas reduction in its basic variable home loan rate, targeting new mortgage customers despite the Reserve Bank’s interest rates potentially remaining steady for months. The bank …

The Commonwealth Bank of Australia (CBA) has revised its forecast regarding interest rate cuts by the Reserve Bank of Australia (RBA) and no longer expects a reduction before December 2024. …

ANZ has made another adjustment to its fixed home loan interest rates, becoming the final major bank to lower these rates. However, the new, reduced rates are only available to …