Borrowers in New South Wales and Victoria led the sharp rebound in loan commitments.

Australian Refinance Home Loan Melbourne borrowers came rushing back in November last year, driving a rebound in overall value of new loan commitments for housing.

Figures from the Australian Bureau of Statistics (ABS) showed a 6.3% growth in the value of new housing loan commitments (excluding refinancing)…

Chatter about rising interest rates is set to slow property price growth in 2022, although the Finance Broker Melbourne is expected to stay on hold until late in the year or 2023, economists say.

After years of ultra-low interest rates, slashed to near-zero to support the economy through the pandemic, the next move is likely to be up.…

There will be an increasing number of Aussies feeling mortgage stress due to higher interest rates, while first home buyers are still in for a massive headache.

First home buyers are hoping for some relief from skyrocketing property prices around Australia but they will still face huge hurdles getting into the market in 2022, while Mortgage Broker Near…

Record low interest rates have driven Australian housing prices up 22 per cent last year — its sharpest rise in three decades.

Key points:

• Housing prices rose 1 per cent nationally in December, with regional markets up 2.2pc and capital cities…

The easing of restrictions in the biggest capital cities over the past month have led to a new record for new listings.

REA Group’s latest PropTrack Listings Report showed a 21.9% monthly growth in new listings in October, hitting the highest number on record.…

To fix or not to fix? That is the question.

And if you look at fixing your home loan rate, is it worth paying a rate lock fee given the steady stream of rate hikes by the banks in recent weeks?

In the past month, 16 lenders have hiked their…

A price war between banks trying to lure new customers with cheap interest rates could dull the impact of the banking regulator’s recent move to slow the housing market, underlining the risk of further loan curbs, analysts say.…

Borrowers in four states continue to rely on non-major financial institutions for new housing loans, according to the latest report from PEXA.

The report showed non-major lenders in NSW, Queensland, Victoria, and WA continued to grow their share of the market as they tally increasing numbers of new mortgages in July.

In NSW, non-majors have finally overtaken major banks in net monthly…

Lenders’ mortgage insurance, also known as LMI, is one of the much-maligned costs associated with taking out a home loan as it can easily add thousands of dollars when buying a property.

Add this to the fact that LMI solely protects the lender, and it is understandable why many home buyers want this cost waived.…

It is now cheaper to service a mortgage than pay rent on a larger proportion of properties compared with pre-COVID-19 crisis, according to new research.

CoreLogic’s weekly Property Pulse has revealed that servicing a mortgage has become cheaper than paying rent on 36.2 per cent of Australian properties, higher than the…

Buying your own home is a big step in life because there is a whole lot to build on once you settle down. For most of us buying a house is a once-in-a-lifetime opportunity so everything needs to be perfect. Homes don't come cheap and there are a lot of things that you need to look into. However, there are a lot of people who are happily living in their homes so it's not too hard to do.

Still, there are enough misunderstandings…

Buying a house is no easy task but it’s something you have to do because getting the chance to live in your own home is truly an amazing feeling. You have to be very careful and informative when planning to purchase your dream home. The housing market is big and there are a lot of options out there so choosing just one can be quite an arduous process. However, when there is a lot of money and a future at stake you need to make the right call about Mortgage Broker…