Another big bank allows IO switches, extensions
Borrowers will be able to extend or switch to interest-only payments without credit checks
Mortgage News
The latest industry news to help you choose the right mortgage.
NSW's housing affordability improves
Both sale and rental markets reported a slight improvement in affordability
News
Distressed sales kept in check
This could indicate that homeowners are getting the financial support they need, says an expert
More slots for deposit scheme announced
In which states is the scheme most popular?
How has COVID-19 changed housing finance?
Prior to the onset of the outbreak, finance conditions were already favourable to homebuyers
Interest Rates
Major allows interest-only extensions
Eligible borrowers will be able to extend their interest-only payments for up to a year
Big bank hikes two-year fixed rate
It also made some changes to its cash-back offers
Check out this month's best fixed-rate loans
Now might be the best time to consider fixing your mortgage
Cash rate likely to remain low until 2023
This could boost refinancing activity amongst borrowers looking for competitive rates
Best home loans
 |
2.63%Interest rate | 2.65%Comparison rate |
 |
2.59%Interest rate | 2.59%Comparison rate |
 |
2.73%Interest rate | 2.78%Comparison rate |
Market Watch
Revealed: Australia's top-performing regional market
This market continues to dominate the housing and unit segments in terms of price growth
Construction of new homes likely to moderate
A drop in demand has already been recorded due to COVID-19, study shows
Revealed: Most liveable and affordable Adelaide suburbs
Homes in these suburbs qualify for the deposit scheme