On the first day of 2019 APRA removed its cap on interest-only loans for residential mortgages. So, what does this mean for borrowers? And why did the regulator choose to make this move?.. Continued
If you’re feeling overwhelmed about choosing a loan, well, you’re not alone. At any given moment, there are hundreds of loan products circulating the finance-sphere.
Some have good rates and high ongoing fees, some work for employees but not contractors, others are so niche you may not even realise they exist... Continued
New data from the Australian Bureau of Statistics has found that the number of borrowers choosing to fix their home loan has declined since August 2017.
So why are fewer borrowers fixing their home loan rate? And what exactly does this mean for you? Here are the facts... Continued
If you’re thinking of buying a home, or want to make sure you’re saving as much as possible on your existing mortgage, you probably want to know about interest rates.
Today, we’re sharing the top 4 interest rates in Australia right now. Plus, insights into why rates are not the be-all and end-all of a great loan. .. Continued
It may sound like a simple question, but there is more to interest rates than meets the eye. This is why we took time out to examine how interest rates work, and what organisations have a hand in determining them.
If you have a question or insight about interest rates, please feel free to leave a comment in the section below... Continued
Interest rates are certainly getting ‘interesting’ in Australia right now. (Sorry, we couldn’t help it.)
Last Wednesday, Westpac increased its variable rates for owner-occupiers and investors (according to the ASX, this will be in place from 20 November 2015)... Continued
The end of financial year is already upon us, which in our opinion, makes it a great time to review how Australian borrowers have fared over the past 12 months. Not to mention, what’s in store for next financial year.
The 2014/15 Financial Year in focus Big things happened in Australian finance during the 2014/15 financial year. Here’s what made our top 5:.. Continued
Want to know who is passing on interest rate cuts? We’ve taken a look at who’s making life easier for borrowers and who’s taking the hard line.
RBA cuts interest rates to 2%On May 6 the The Reserve Bank of Australia cut interest rates by 25 basis points, bringing rates to a record low 2%. According to the RBA, Interest rates (also known as ‘the cash rate’) are an instrument used to regulate monetary policy... Continued
A lot of our clients have been asking us about the difference between fixed and variable interest rates – with interest rates at an all time low right now, it’s no surprise.
That’s why we’re looking at the key differences between fixed and variable interest rates, as well as guidelines for choosing between the two... Continued