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Latest news: Mortgages

Experts put money on early rate cut as spending slides

Experts put money on early rate cut as spending slides

A decline in spending on household goods has bolstered hopes of an RBA rate cut, which would help boost dour consumer sentiment.

Bank of mum and dad could run dry for retirement

Bank of mum and dad could run dry for retirement

Bank of mum and dad could run dry for retirement

Bank of mum and dad could run dry for retirement

Affordability constraints have many turning to the bank of mum and dad but parents have been urged to consider their finances carefully before lending.

The women who could soon influence your mortgage

The women who could soon influence your mortgage

The women who could soon influence your mortgage

The women who could soon influence your mortgage

Two new faces will serve on the Reserve Bank of Australia's rate-setting board, with the government defying calls from the coalition for continuity.

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Rates stay on hold and hope for February cut revived

Rates stay on hold and hope for February cut revived

Long-awaited mortgage relief looks closer as the central bank takes another interest rate hike off the table and lays the groundwork for future cuts.

Worst housing affordability in almost three decades

Worst housing affordability in almost three decades

Homeowners and renters face some of the most challenging conditions in years, with both groups spending a growing proportion of income on a place to live.

Banks at odds over easing lending restrictions

Banks at odds over easing lending restrictions

Easing lending requirements so more first homebuyers can get a mortgage has received mixed reviews, with warnings more borrowers would face crippling debt.

Financial regulations are 'punishing' first homebuyers

Financial regulations are 'punishing' first homebuyers

Overbearing financial requirements placed are worsening housing equity by making it harder for first homebuyers to access mortgages and benefiting investors.

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Gloomy growth, interest rates sore points for Treasurer

Gloomy growth, interest rates sore points for Treasurer

Gloomy growth, interest rates sore points for Treasurer

Gloomy growth, interest rates sore points for Treasurer

The economy is stuck in the slow lane and Treasurer Jim Chalmers says that's by design, with higher interest rates necessary to tame inflation.

Economy 'nowhere near recessionary' despite predictions

Economy 'nowhere near recessionary' despite predictions

Economy 'nowhere near recessionary' despite predictions

Economy 'nowhere near recessionary' despite predictions

Australia's economic forecasts might not be as positive as hoped but there are still signs of strength in the economy, an expert says.

'Painful squeeze': inflation spike renews heat on rates

'Painful squeeze': inflation spike renews heat on rates

'Painful squeeze': inflation spike renews heat on rates

'Painful squeeze': inflation spike renews heat on rates

Surprisingly strong inflation has resurrected the possibility of another interest rate hike in an unsettling development for squeezed borrowers.

Mortgage arrears hit three-year high amid uncertainty

Mortgage arrears hit three-year high amid uncertainty

Mortgage arrears hit three-year high amid uncertainty

Mortgage arrears hit three-year high amid uncertainty

The number of Australians behind on their mortgage has reached a three-year high with many making repayments by dipping into savings and working more.

Households keep falling behind as rate increases bite

Households keep falling behind as rate increases bite

Households keep falling behind as rate increases bite

Households keep falling behind as rate increases bite

Most borrowers are adapting to tough financial conditions but the number of people in hardship or struggling to meet repayments is growing.

'Abandoning customers': lenders fail battling borrowers

'Abandoning customers': lenders fail battling borrowers

'Abandoning customers': lenders fail battling borrowers

'Abandoning customers': lenders fail battling borrowers

Mortgage stress in Australia is at its highest level since the global financial crisis but many borrowers are finding it too hard to get help from their bank.

Rate hike cycle claims $25,000 toll, say researchers

Rate hike cycle claims $25,000 toll, say researchers

Rate hike cycle claims $25,000 toll, say researchers

Rate hike cycle claims $25,000 toll, say researchers

The average home loan borrower who hasn't refinanced has paid more than $25,000 extra since the start of the interest rate hiking cycle, research shows.

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RBA gift wraps end-of-year rate relief for borrowers

Borrowers have been spared more cash rate pain at the final Reserve Bank of Australia policy meeting of the year.

Banks pass on rate hikes to thrifty home loan customers

Some mortgage holders are already trimming their spending and working extra hours, with the latest rise to put more pressure on households and the economy.

Australian home buyers feeling affordability crunch

Not since the late 1980s has it been this challenging for couples with full time wages to service the mortgage on new properties.

Rental pain at new highs with vacancies at record lows

There is no relief on the horizon for renters after national vacancy rates dropped to a record low of 1.1 per cent.

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'Intolerable' housing crisis is costing Sydney billions

Housing unaffordability in Sydney is second only to Hong Kong, says a think tank boss who warns it is costing the city billions of dollars in lost productivity.

Repossessions down but customers are still hurting: NAB

National Australia Bank says while the number of homes it's repossessed has fallen, households are saving an extra $300 a month by cutting down on spending.

Older Australians could home in on a regional lifestyle

Land-lease agreements in regional areas, co-operative housing and vertical villages could help solve rising housing stress for older low-income earners.

Economic slump fears gave Reserve Bank reason for pause

The Reserve Bank board had another tough choice between hitting pause on interest rates or delivering another hike at its last meeting.

Rates and inflation keeping clamp on consumer sentiment

The threat of more interest rate increases is weighing heavily on the minds of consumers as high inflation proves hard to dislodge.

Senior Liberal backs 'poor old Philip Lowe'

Central bank governor Philip Lowe is "well qualified" to remain in the job after his term expires in September, a federal Liberal frontbencher says.

Relief as Reserve Bank hits pause on interest rates

Borrowers will welcome a break from interest rate hikes as Australia's central bank opts to keep the official cash rate steady at 4.1 per cent.

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Politics Australia New South Wales Victoria Economy, Business and Finance Social Issue Housing and Urban Planning Economy Retail Employment Banking Budgets and Budgeting Central Bank Interest Rate Inflation and Deflation Real Estate House Building Litigation and Regulation Economic Indicator Mortgages

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