Money
Borrowing
Analysis
Home loans
Wave of expiring fixed-rate loans to inflict home owner pain
The predicted rise in official interest rates to 1.5 per cent could see many home owners now on ultra-cheap fixed rates pay as much as $700 a month more on a $1 million home loan when their fixed term expires.
- by Clancy Yeates
Latest
Opinion
Interest rates
How to get a ‘1’ in front of your mortgage interest rate
Each week seemingly brings news that one of the big lenders has hiked their fixed-interest mortgage rates for new borrowers – some have done so five or six times since the middle of last year.
- by Jessica Irvine
Opinion
Home loans
How to get a home loan if you are a single parent
The way mortgage serviceability is calculated is skewed toward employment income, hurting single parents who may receive child support payments.
- by Nicole Pedersen-McKinnon
Homebuyers have ‘window of opportunity’ to get ahead before rates rise
With interest rates on the way up, it is not only variable-rate mortgage holders that will feel the pain. Those who have fixed-rate loans are almost certain to see higher payments when the fixed term of their loan expires.
- by John Collett
Opinion
Interest rates
Five ways to prepare for coming interest rate hikes
The economy is performing better than expected and markets are tipping multiple official interest rate increases this year.
- by Jessica Irvine
Analysis
Home loans
Mortgage pain as loan sizes hit record
Rising housing loan sizes along with the prospect of higher interest rates could see many more households suffer mortgage stress.
- by Nicole Pedersen-McKinnon
Analysis
Interest rates
Homebuyers to lose significant borrowing capacity
Borrowers have long been accustomed to seeing their borrowing capacity expand as interest rates have fallen over the past 11 years to hit record lows. That trend now appears over.
- by John Collett
Rate hike warning makes home owners nervous
Fixed-interest mortgage rates are rising because of a spike in the cost of the money that our home loan lenders source from overseas.
- by John Collett
Opinion
Credit cards
Why some credit cards are not all bad
A zero per cent balance transfer credit card allows you to kick the credit can down the road, however, far better is to use the interest-free period to bust out of card debt forever.
- by Nicole Pedersen-McKinnon
BNPL providers reject consumer group criticisms
Buy now pay later providers say there is no need for stronger safeguards for consumers using their services
- by John Collett
Opinion
Household debt
Four financial priorities for 2022
Here are some top priorities to consider when you divide up your take-home pay to help you get ahead in 2022.
- by Nicole Pedersen-McKinnon