News

Rising Offset Savings

Borrowers are putting more money into offset accounts – and that’s cutting the interest they pay on their home loans. On average, borrowers in the June quarter had $11,435 in offset for every $100,000 they owed on their home loan – up from $10,647 the year before, according to Australia's banking...

How brokers get paid

A lot has happened in the mortgage market over the last couple of months, with several lenders lifting the interest rates. Moving forward, many economists believe rates will rise further…