After a bumpy 2020, 2021 is already rewriting the record books. From property prices, to interest rates, to...
Interest Rates Articles
December 2020 RBA Announcement
At the December, and last meeting of the year, the RBA Baord has elected to continue holding the offical cash rate at...
Switch lenders if rate cut is not passed on: RBA
Mortgage holders and business operators are being encouraged by the RBA to switch lenders if their bank doesn’t pass...
RBA cuts cash rate to record low amid coronavirus concerns
The Reserve Bank of Australia (RBA) has cut the official cash rate by 25 basis points to a new record low of 0.50% as...
Are you being stung by the loyalty tax?
Once upon a time you were rewarded for loyalty. But borrowers with older mortgages are typically paying a higher...
Why don’t lenders drop my repayments when the interest rate falls?
A question that’s been popping up a bit lately has been ‘why didn’t my lender reduce my repayments when the interest...
Is your interest-only loan about to end?
It’s the end of the road for 900,000 borrowers on interest-only loans, as they’ll be automatically switched to...
With interest rates dropping, is it time to pull the cord?
Fixing your home loan while interest rates are dropping is a bit like pulling the ripcord on a parachute. If you do it...
Will lenders pass on the RBA interest rate cut to you?
The RBA has cut the official cash rate to a new record low of 1.25%. But hang on a sec… Will lenders even pass on the...
Stress tested your home loan recently? Don’t stress
Seven in 10 Australian mortgage holders have not stress tested their home loan. But don’t stress, it’s much easier to...
Make your New Year’s resolution all about a home loan health check
Whenever we think of New Year’s resolutions, we always seem to commit to improving our physical wellbeing rather than...
Home loans: to lock in the rate or not?
With some of the major lenders recently lifting interest rates on variable home loans, we’ve had a number...