Have you ever wondered why some families seem to build wealth from one generation to the next? It’s tempting to think that it’s simply because wealthy families have more money
Another interest rate rise. If you have a mortgage, that probably isn’t the news you wanted. On 30 September, the Reserve Bank increased the cash rate by 0.25 percentage
The federal government has tried (via 2009 legislation and later instructions to banks from APRA, the Australian Prudential Regulation Authority) to ensure that mortgage borrowers will be able to
It’s been a while since you last had a salary increase, so the amount you could borrow as a home loan is the same as last time you checked, right?
Organising a loan for your business can be an important step in fuelling growth or covering unexpected expenses, but many business owners fall into the same traps during the loan
Struggling to keep track of multiple debt payments each month? For many Australian homeowners, juggling different debts—whether it’s credit card balances, personal loans, or mortgage repayments—can become overwhelming. Debt consolidation
It is worthwhile revisiting the trade-off between paying off the mortgage quicker and investing more in super for retirement. Background While many people wait until their home loan is paid
The temptation is obvious. Soaring house prices have made buying a home tough for most home buyers and prompted many parents to think they should step in and make a
When building a home, it’s often said that the foundations are the most important part. Their primary purpose is to hold your house up – supporting the structure and preventing it from being affected by uneven ground.
They say all good things must come to an end… and that includes your home loan fixed interest rate period. If your fixed rate expiry is coming up, you might
You’ve decided that it’s time to buy your first home; Congratulations! It’s such an exciting milestone in anyone’s life and should be as effortless as possible. It’s important not to
Now and then, Jodi borrowed $100 from her parents. She’s good for it, and always paid it back, but her situation was not uncommon. 5.9 million Australians live pay-to-pay A