home loans

Financial planning

Deferred loans drop by near 70% from pandemic peak

The value of deferred loans has fallen from $250 billion at its peak in June to $86 billion....

Financial planning

Virgin Money in home loan partnership

The firm has announced a partnership with Vow Financial to make Virgin’s home loans available via Vow brokers....

Policy & Regulation

Westpac admits fault, agrees to $35 mil penalty

Westpac has admitted breaching its responsible lending obligations when providing home loans, and agreed to a $35 million civil penalty to resolve Federal Court proceedin...

Property

Lack of equity in homes a concern

New research from Roy Morgan showed that 345,000 mortgage holders do not have any real equity in their homes....

Property

ASIC ups focus on interest-only home loans

The Australian Securities and Investment Commission has concluded the first stage of its targeted review of interest-only home loans. ...

Financial planning

CBA to pay at least $32m in remediation actions

While CBA is looking to pay at least $32.3 million in customer and employee review and remediation actions, it does not include all regulatory matters the bank is reviewi...

Life/Risk

Bank satisfaction levels low for the new year

Dissatisfied home loan customers and a slide in branch banking dragged satisfaction levels down with the major banks in the lead up to the holiday period....

News

Home loan risk for double income households

Australians with owner-occupied mortgages present a potential risk for repaying home loans....

Financial planning

More people fixing home loans

More borrowers are fixing their homes loans amid the interest rates volatility, and Mortgage Choice expects this trend to grow....

Financial planning

Home loan sizes plummet

National home loan sizes had their sharpest three month decline since 2000, according to fresh analysis from a comparison website. ...

Life/Risk

Surge in home loan refinancing

Home loans being financed surged by 20 per cent in the past 12 months, according to finder.com.au....

Financial planning

Banks satisfaction up among home loan customers

Satisfaction with the big banks among home loan customers seem to be back on track following a dip after home loan rates increased last year, Roy Morgan research found....