Buying Home

Fixed home loan rates rise ahead of RBA meeting Your Content Goes Here Rates set to rise as RBA governor says 'heat' needs to be taken out of job market Interest rates remain in focus Australia’s interest rate outlook remains under close attention ahead of the Reserve Bank of Australia’s next Monetary Policy Board meeting on 28–29 September. The RBA has indicated that conditions in the labour market remain tight, contributing to ongoing pressure on wages, business costs and inflation. August unemployment data is due to be released before the meeting and will provide another update on [...]

Home loan competition increases as lenders cut rates Your Content Goes Here Mortgage war heats up as banks compete for customers by lowering variable rates Competition increases in the home loan market Competition across Australia’s mortgage market is increasing as lenders reduce variable home loan rates in an effort to attract new customers. The rate reductions come as lenders compete for a smaller pool of home loan customers, creating more competition across the mortgage market. Lenders reduce mortgage rates A number of lenders have reduced rates across their home loan products in recent months. The changes have [...]

High-end homes record steeper price falls Your Content Goes Here High-end property hit by steepest price falls as affordable end of Australia’s housing market proves resilient Higher-value homes record larger declines Higher-priced homes are experiencing some of the largest falls in Australia’s current housing market downturn, while more affordable properties have remained comparatively resilient. Upper-quartile house values in Sydney and Melbourne are now more than 10% below their previous peaks, according to Cotality analysis reported by The Guardian. The difference between higher and lower-value properties has been most noticeable in Sydney and Melbourne. Perth, Adelaide and Brisbane [...]

Housing downturn spreads as 93% of capital city suburbs record winter value falls Your Content Goes Here Home values decline across most capital city suburbs Home values declined across 93% of capital city suburbs during winter, with most major markets recording falls over the three months to August. The national Home Value Index fell 0.9% in August, marking the fifth consecutive monthly decline. National home values were 3.6% below the market peak recorded in March. Sydney records the largest fall Sydney recorded the largest monthly decline, with values falling 1.4% in August and sitting 7.1% below their [...]

RBA August Economic Outlook: What It Means for Borrowers Your Content Goes Here The Reserve Bank of Australia’s August 2026 Statement on Monetary Policy provides an updated view of inflation, economic growth and the outlook for Australian households. Inflation remains elevated The RBA expects inflation to remain above the midpoint of its 2–3% target range for some time. Inflation is forecast to ease gradually as spending across the economy slows and cost pressures reduce. For borrowers, this suggests interest rates may remain higher for longer while the RBA continues to focus on bringing inflation back towards target. [...]

Investor Home Lending Is Falling — What Could It Mean for Home Buyers? Your Content Goes Here New lending to property investors fell sharply in the June quarter, as higher interest rates and recent tax changes continued to influence Australia’s housing and mortgage markets. Australian Bureau of Statistics data showed the total number of new home loans fell by 5.4 per cent over the quarter, with lending declining across all borrower types. Investor Lending Leads the Decline Investor loans recorded the largest fall, dropping 8.6 per cent in the June quarter after declining 4.7 per cent in [...]