Mortgage brokers
Analysis
Analysis
Thinking about using a mortgage broker? Here’s one thing you should always ask
One-in-five mortgage brokers did not write a single loan in the six months to March 2023 and could be out of touch with the market.
- by John Collett
Latest
Analysis
Analysis
Accountants, lawyers paid to ‘introduce’ CBA’s Unloan mortgage to borrowers
When you see your accountant to do your tax return, you could be introduced to a mortgage from Unloan, a division of CBA.
- by John Collett
Heat fading from mortgage war as banks protect margins
After an outbreak of fierce competition in the $2.1 trillion mortgage market, analysts are pointing to signs big banks are no longer offering home loan rates that are near the cheapest available.
- by Millie Muroi
Home loan mistakes to avoid during the cost of living crunch
Some banks are poring over applicants’ recent bank statements to ensure they can afford to service a loan at today’s higher interest rates.
- by Tawar Razaghi
Analysis
Home loans
This simple switch could help you pay off your mortgage quicker
Though most borrowers in Australia opt for monthly home loan repayments, making repayments fortnightly instead could provide greater savings.
- by Caterina Hrysomallis
Analysis
Home loans
The questions all first home buyers should ask mortgage brokers
For first home buyers, is it worth getting a mortgage broker, or just working it out yourself?
- by Caterina Hrysomallis
Fintech Finspo aims to roll out ‘robo mortgage broking’
Finspo plans to develop technology that would automate part of the mortgage broking business by generating advice to help clients pick a loan.
- by Clancy Yeates
As interest rates rise, a last-resort plan to slash home-loan costs
Mortgage brokers are getting calls from homeowners seeking a bigger change than refinancing or asking for a better deal, but it’s not for everyone.
- by Jim Malo
Household budgets squeezed as increased mortgage costs soar above wages growth
Monthly mortgage repayments for a $500,000 loan jumped 42.2 per cent while the wage price index grew 2.7 per cent between March and December.
- by Jim Malo
‘Sting in the tail is horrifying’: Hidden cost of home loan hack
Debt-laden families struggling with rising interest rates are being warned of the risks involved in one strategy to cut their monthly repayments.
- by Tawar Razaghi
Up to one in five Australian borrowers could be in mortgage prison
Rising numbers of homeowners are unable to refinance into a more suitable home loan as interest rates rise, and a perfect payment history isn’t enough to save them.
- by Jim Malo