Money
Borrowing
Lenders tight-fisted on variable mortgage rates
Those wanting a better deal on their mortgage will have to take action on their own behalf as most lenders have not passed on last week's cut to variable mortgages.
- by John Collett
Latest
Opinion
Budgeting
The two real problems with the new ‘pay-on-demand’ revolution
"Pay-on-demand" services lubricate salary slippage and can create massive future budgeting problems.
- by Nicole Pedersen-McKinnon
Opinion
Home loans
Switching to fortnightly mortgage repayments can save you $48,000
The strategy requires you to find more money but is a way of psychologically tricking yourself into making overpayments.
- by Nicole Pedersen-McKinnon
FinTech app for pay advances proves popular but comes with a warning
MyPayNow gives people an advance on their next pay packet and has reached 30,000 users since launching in July.
- by Caitlin Fitzsimmons
Opinion
Credit cards
Pandemic hastens credit cards' slide
Credit card users have repaid more than $6 billion of their high-interest debt since the pandemic struck in March, and more than 500,000 accounts have been closed.
- by Joel Gibson
Property price warning as JobKeeper payments cliff looms
Experts say there is likely more trouble ahead for property markets as government COVID-19 financial support tapers off.
- by John Collett
Opinion
Federal budget
What the budget means for 10,000 more potential first-time buyers
The highly popular First Home Loan Deposit Scheme allows new home buyers to put down just a 5 per cent deposit and avoid expensive lenders’ mortgage insurance.
- by Nicole Pedersen-McKinnon
Opinion
Home loans
How to save $85,000 on your mortgage – for free
Money held in a mortgage offset account is netted straight off your outstanding loan balance.
- by Nicole Pedersen-McKinnon
Opinion
Home loans
The five smart reasons to refinance your mortgage
Lenders are vying aggressively for your mortgage business, with cheaper rates and all sorts of other incentives, including cashbacks.
- by Nicole Pedersen-McKinnon
Tens of thousands of Aussies are refinancing each month. Should you?
Australian property owners have refinanced more than $53.7 billion worth of loans in the past six months as introductory interest rates tumble to less than 2 per cent.
- by Nicole Pedersen-McKinnon