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Despite the RBA having just announced interest rates to remain unchanged this month, variable rate home loans are growing in popularity again as banks offer discounts to lure customers.

House prices have fallen for the first time in a year, possibly in part from a reaction to the federal government’s tight budget.

While interest rates are expected to be stable in the near-term, many economists believe the next time they do move, they will move upwards.

As banks are taking more risks in their lending to capture the low interest rate $1.3 trillion mortgage market, it has sparked more warnings to banks to be wary

While home prices are surging, rents are crawling to their slowest pace since the global financial crisis and some economists are concerned that investors are buying property hoping mainly for capital gains.