AMP Bank launches Australia’s first 10-year interest-only home loan with no reassessment

From

Key points: The innovative new home loan is available to eligible borrowers including retirees, pre-retirees, investors and owner-occupiers AMP Bank becomes the first retail bank in Australia to offer this... Read more continue reading

‘Rent-vesting’ on the rise as more Australians look to buy in 2025

From

Westpac research has found more than half (54%) of first home buyers are considering ‘rent-vesting’ to get into the property market – up 4 per cent from this time last... Read more continue reading

Home loan demand hit by higher rates, first home buyers hit the most

From

Demand for new home loans eased in May,  with first home buyer demand hit the hardest, while investors demand for mortgages also dipped, but remains very strong overall, leaving investors... Read more continue reading

Thinktank announces successful closure of $750 million residential mortgage-backed securities transaction

From

Leading independent property lender specialising in commercial and residential mortgages, Thinktank, has successfully closed its first residential mortgage-backed securities (RMBS) issue in 2024 totalling A$750 million. This RMBS issuance marks... Read more continue reading

Rate hike will decimate homebuyer and investor activity

From

Yesterday’s cash rate decision will decimate homebuyer and investor activity, which has already fallen off a cliff since May last year, according to one of the nation’s most awarded mortgage... Read more continue reading

Speed and service, low rates most valued by brokers

From

Mortgage brokers have cited speed and service as their number one priority when working with banks to support their clients, with competitive interest rates ranking second. The feedback was provided... Read more continue reading

Five strategies for existing borrowers to secure the best home loan rate revealed

From

With hundreds of thousands of fixed-rate home loans still to expire in the next year, existing borrowers can use five key strategies to help secure the best home loan rates,... Read more continue reading

Borrowers exploiting cashback loophole

From

Borrowers have increasingly been exploiting a lending loophole and going cashback mortgage shopping over the past year, according to one of Australia’s most awarded mortgage brokers. Zippy Financial Director and... Read more continue reading

Older Australians rush to refinance mortgages

From

Household Capital, a leading Australian provider of home equity retirement funding, is experiencing a surge in demand from older Australians struggling to meet mortgage repayments given the increases in both... Read more continue reading

Central bank policy and rising interest rates a distraction for Australians

From

Focusing on central bank policy is more of a distraction than anything else for Australians looking to purchase property, according to Chris Bedingfield, principal and portfolio manager of global real... Read more continue reading