What is mortgage stress
Your Money

5 strategies to avoid mortgage stress

- December 1, 2021 3 MIN READ

What exactly is mortgage stress, and how can you overcome it without losing your home? With the Reserve Bank of Australia (RBA) signalling that interest rates are anticipated to rise in 2024, many banks and home loan providers have started to shift their own fixed rates. Many of these changes have seen these financial institutions… Read more »

Fixed rate home loan

Is it time to fix your home loan rate?

- November 5, 2021 3 MIN READ

Yesterday Westpac hiked its fixed rate home loan for the second time in less than two weeks, and today the CBA followed suit. Which begs the question: Is it time for a fixed-rate home loan? Three-year fixed-rate mortgages are tied to market rates of that term because banks borrow or hedge interest rate risk at… Read more »

Is an offset account right for your home loan
Your Money

How to get the most from your offset account

- September 20, 2021 4 MIN READ

An offset account is a widely sought after feature of home loans in Australia. But what is it? How does it work? And is it really worth paying extra for? What is an offset account? An offset account is a transaction account linked to your home loan. Instead of paying interest, the balance is ‘offset’… Read more »