Home Loans - Page 30
ANZ joins big four competitors in hiking long-term fixed home loan rates
ANZ is following its major bank competitors in increasing interest rates on some longer-term fixed home loans, but has also cut its two-year fixed rates for owner-occupiers and investors.
Canstar reveals its 2021 Bank of the Year & Customer-Owned Bank of the Year Award Winners
Canstar has named the winners of its 2021 Bank of the Year and Customer-Owned Bank of the Year – find out who won.
Westpac increases interest rates on some short-term fixed home loans
Westpac is the second major bank to start increasing shorter-term fixed rate home loans this year, bringing in hikes of 0.10 percentage points for some homeowners.
Mortgage deals & sign-up incentives for first home buyers
Canstar rounds up some of the sign-up deals currently available for first home buyers.
What happens when your bank sends you a rate rise alert?
Analysts say there are currently some 1.5 million Australian households in mortgage stress, with one expert predicting even a small increase to their monthly repayments could tip them into severe financial pressure and see the emergence of 'mortgage prisoners'.
RBA cash rate held: Borrowers urged to focus on knocking off home loan debt
The Reserve Bank is sticking to its stance that the cash rate will remain on hold until 2024 at the earliest. In the meantime, borrowers should be securing themselves a cheap home loan interest rate and paying off as much as they can, according to this expert.
First home buyer tips: Planning for your mortgage
If you’re thinking about buying your first home, it can pay to start thinking about your loan application sooner rather than later.
Property investment tax deductions, depreciation & stamp duty
Are you a property investor but not sure how taxes work? A registered tax agent explains investment property tax deductions, depreciation & stamp duty.
ING to shake up fixed home loan interest rates, with a mix of cuts and hikes
ING will make a number of changes to its fixed home loan interest rates for new customers tomorrow, but variable and investor loans will remain untouched for now.
Negative gearing trap: What to consider before making the choice
Many Aussies like the idea of negative gearing but is it all it's cracked up to be? Here are the numbers to think about before jumping in.
CommBank launches Green Loan and hikes fixed mortgage interest rates
Home loan customers of Commonwealth Bank could soon buy and install solar panels or electric vehicle charging stations with a Green Loan, which is available to apply for from today. The bank has also hiked some fixed mortgage interest rates.
HomeBuilder grant scheme 2021
The Federal Government's HomeBuilder package offers grants of $15,000 to encourage new builds and renos. Here's how it works and who's eligible.
Buying your first home: 5 property experts share how they did it
Canstar asked five property experts to tell us about their first home purchase and share what they learned from the experience.
NAB and Macquarie Bank hike four-year and five-year fixed mortgage rates
NAB is increasing its four- and five-year fixed rates for homeowners from today. Macquarie Bank's longer-term fixed rates are going up too, as part of a broader trend in home loan movements.
UBank drops home loan fee for some buyers with a 15% house deposit: How it stacks up
UBank is joining the lenders offering a saving on upfront costs, in a move it says could help buyers get on the property ladder seven months earlier. Canstar dives in to see how the offer stacks up for up-and-coming borrowers.
Expert tips for buying a property interstate
Take a look at the pros and cons of becoming a “borderless investor”, plus get an insider’s guide on what to consider before buying a property interstate.
Move over influencers: Real estate is hot property on Instagram
Selling houses on Instagram is increasingly common, but what are the advantages and disadvantages of this for Aussies in the property market?
The suburbs where it may be cheaper to buy than rent
CoreLogic has tracked down the suburbs around Australia where mortgage payments may be less than the rent by as much as $1,000.
ANZ cuts variable mortgage rates for new borrowers, undercutting fellow majors
ANZ now has the cheapest variable package rates out of the big four banks, after cutting some mortgage rates today. But the majors are still well behind the cheapest offerings available from several smaller lenders on Canstar’s database whose variable interest rates start with a ‘1’. ANZ has cut some variable rate home loans, the first of the majors to do so this year. Image source: Vitalii Tairov. It’s been a while since we saw a major bank cut variable home loan rates for homeowners, with the last variable fall coming from Commonwealth Bank in September 2020. Since then, Canstar’s data … Continued
How to avoid the FOMO trap when buying property
Fear of missing out can result in making poor buying decisions. Here are some tips to help you avoid the FOMO trap.
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This advice is general and has not taken into account your objectives, financial situation or needs. Consider whether this advice is right for you.