Heard about mortgage refinancing? These days, people refinance their mortgage much more frequently, resulting in the average duration of...

Due to COVID-19, Australia experienced its first recession in over 30 years. While much of the globe has faced substantial losses in...

Supported by a combination of record-low interest rates and government support programs, the house price surge is set to continue until...

Offset Account An offset account is a savings account related to your home loan. It 'offsets' the principal of your loan so that the...

In the current environment of stimulatory macroeconomic policy, the lowest interest rate on mortgage has decreased to lower than 1.8%....

The average number of days properties are listed for sale on realestate.com.au reached record lows in every state in March. This is...

Following the RBA's reduction of the cash rate to 0.1%, they were running out traditional ammunition to support the economy through...

Investing in property is the new Australian dream - a well-chosen property should provide capital gains without much effort from the...

What is refinancing Refinancing means moving home loan from one lender to another. Essentially, when you refinance to another lender,...

When buying a property, usually you will borrow a mortgage up to 80 or 90% of the property value. The amount you borrowed will be called...

Current Australia Inflation The annual inflation rate in Australia surged to 5.1% in Q1 of 2022 from 3.5% in Q4, surpassing market...

Home equity is the difference between your property’s market value and the balance of your mortgage. For example, if your house is valued...

What is a First Mortgage? When most people purchase a home or property, they take out a home loan from a lending institution that uses...

Australian bank loans generally have two repayment methods: 1. Principal and interest 2. Interest only. What is the...

Private lending, or peer-to-peer lending, is essentially borrowing money from non-bank creditors, usually private finance or lending...

It is exciting to buy your own house but when it comes to apply for a mortgage, there are a few things to be aware of. 1. Don't apply too...

Good Credit Before a bank considers an applicant for a loan, it will check the person's credit. If the person has a previous bad...

More concerned about the market knows that, for various historical reasons, tends to follow the pace of development of financial markets...

A loan broker acts as a middle man between you and the lender, representing your interests and getting the best possible loan suited for...

When you tuck money away into your savings account, you usually earn some interest on the account balance. Unfortunately, the interest...