Money
Borrowing
CBA recalculates loan book to invite customers to pay debt slower
CBA customers are likely to take up offers to reduce repayments, without realising the long-term cost.
- by Caitlin Fitzsimmons
Latest
Interest rates
Jennifer feels 'really ripped-off' after mortgage rate hike
The big banks are likely to follow the move by Westpac this week to increase its variable interest mortgage rate.
- by John Collett
Analysis
Home loans
Want a home loan? Be a model spender for three months before you apply
When it comes to home loans, the game has changed and banks will now pore over the detail of your spending habits.
- by Melissa Browne
Home loans
Beware banks’ interest rate teaser tricks
'Introductory' rates being targeted at first home buyers reflect the faux competition we have in the banking market, critics say.
- by Clancy Yeates
Analysis
Home loans
If you have extra money in your mortgage, get it out now
Keeping your savings in your mortgage with a redraw facility is now a dangerous strategy. Use an offset account instead.
- by Nicole Pedersen-McKinnon
Money & relationships
Stacey avoids bankruptcy as more tip over the edge
Bankruptcies are up 4 per cent for the year to June 30 this year over the previous financial year.
- by John Collett
Analysis
Home loans
Why your mortgage rate might rise, even if the RBA sits tight
A flood of smaller banks have hiked interest rates recently and this is worth noting even if you bank with the big four.
- by Clancy Yeates
Analysis
Home loans
One in five people with a mortgage wouldn’t qualify today, broker warns
Mortgage repayments will leap 63 per cent for 1 million Australians with interest-only loans – an average of $800 a month in extra repayments.
- by Nicole Pedersen-McKinnon
Home loans
'It's our version of the GFC': warning on looming interest-only crisis
Australia’s version of the sub-prime crisis that ushered in the GFC could arise from the expiry of interest-only loans over the next few years.
- by Caitlin Fitzsimmons & Nicole Pedersen-McKinnon