How do reverse mortgages work?

Imagine a home loan that actually gives you money and doesn’t require you to make any immediate repayments. Sounds too good to be true right?

Treasurer announces ACCC inquiry into mortgage prices

Treasurer Josh Frydenberg has today asked Australia’s competition watchdog to conduct an inquiry into the banking sector’s refusal to pass on recent interest rate cuts in full to its customers.

Millions of Aussies switching financial products

The Deloitte Choice in Banking Report has revealed 2.8 million customers switched to new financial providers for their home loans, credit cards and transaction accounts in the last year.

Use a mortgage broker or go direct?

Australia’s home loan market is huge, with $28.4 billion in new residential loans approved in July 2019 alone, according to ABS housing stats.

House price optimism at three-year high

Since beginning the year with record-low expectations, Aussie home sellers are now the most optimistic they’ve been for at least three years, according to survey results.