What happens to your home loan if your bank goes bust?
For most Australians, home ownership is the ultimate symbol of security. But a lot could happen before your mortgage is paid off and your home is officially yours.
Catch-22 of Aussie property rentals right now
Renters, don’t worry! Your landlord may be increasing your rent to record highs, but good news: they’re also not investing in new properties because it’s too expensive, so you have nowhere cheaper to move to!
Aussies hungry for green home loans, says Gateway Bank
With Aussies now more eco-conscious many are looking to make their finances greener.
What does the fixed rate home loan cliff mean for borrowers, property and economy?
These days, a lot of media attention revolves around the so-called fixed rate cliff — the thousands of mortgage holders whose repayments will skyrocket once their fixed rate terms expire in the coming months.
6 mistakes to avoid when refinancing your home loan
With what seems like an endless amount of RBA rate rises, it’s little wonder more Aussies than ever are choosing to refinance their mortgages for a better deal. But when making the educated decision to change lenders, there are a few things borrowers should consider before making the switch.While it’s true; refinancing can be a great way to save money on repayments and reduce the overall cost over the life of your loan, there are still common mistakes borrowers make when navigating the home loan market. So if you think you’re ready to refinance, consider these 6 things, before signing on the dotted line.
Which big banks have been right about RBA rate hikes?
Which Big Four Banks – CommBank, Westpac, NAB, or ANZ – have correctly called cash rate movements over the past year? And what could this tell us about rising interest rates in 2023?
Women still behind on property ownership, new report shows
Women continue to trail behind men in home ownership by 3%, according to Corelogic’s annual Women and Property Report for 2023.
What you need to know about CommBank's Green Home Loan Offer
Last year, Commonwealth Bank introduced a green home loan offer, which rewards new and existing customers for reducing their dwellings’ environmental footprint.
Will the RBA hike the cash rate in March 2023? CBA, ANZ, NAB, and Westpac home loan predictions
The era of rate hikes is far from over. Unusually for the Reserve Bank of Australia, last month’s cash rate announcement and meeting minutes flagged the board’s intentions to announce more rises in the coming months, all to curb runaway inflation that has yet to slow down.
5 tips to avoid mortgage prison
The threat of ‘mortgage prison’ has been bearing down on Aussies in the wake of continued interest rate hikes and tightening economic conditions. However, many borrowers still have a chance to avoid this trap.