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…
4 Tips for Refinancing Your Mortgage
Interest rates are hitting new record lows, but banks what banks do makes it even more difficult. Here’s how you can better your chances. There has never been more appropriate time for trying to refinance your mortgage. Rates are at record lows. The government is devising new programs to help...