In 2008 we set ourselves a goal: to own our home within 10 years. We’ve poured our income into the mortgage payments, and January 2018 will be the last one.
Sometimes it can feel like you need a crystal ball when deciding if you should fix your home loan. With the government regulator tightening regulations and banks hiking interest rates, is it finally time to think about fixing?
We plan to renovate our house. Should we close out our almost-paid-for mortgage and apply for a loan or keep the current mortgage as a line of credit?
Home loan interest is calculated on the daily balance. So how much can you save by switching to fortnightly or weekly mortgage repayments?
The Commonwealth Bank has slashed principal-and-interest rates for owner-occupiers and increased interest-only rates as pressure on investors builds.
As banks tighten their lending policies and it gets harder to access loans, here’s what you need to know to boost your borrowing power.
Westpac is the latest lender to put up interest rates, increasing pressure on interest-only borrowers.
Australians will find it harder to take out a new home loan with the Commonwealth Bank after the lender tightened repayment tests for borrowers.