Why Your Neighbour Pays Less Interest — Personalised Mortgage Rates Explained
Discover how banks calculate personalised interest rates and why loyal borrowers often pay more. Learn about the Loyalty Tax and how to negotiate a better rate.
Refinancing Surge 2026: Is Your Australian Home Loan Still Working for You?
Refinancing Surge 2026: Is Your Australian Home Loan Still Working for You? If you haven’t reviewed your home loan recently, you might be paying more than you need to. New data from Equifax shows that refinancing home loan demand now makes up 34% of all mortgage demand in Australia — and with the RBA cash […]
Unlock Your Home Equity: Australia’s $600 Billion Reverse Mortgage Opportunity
Australians over 60 hold $3 trillion in home equity — but only 1% is being accessed. A new Deloitte survey reveals a $600 billion reverse mortgage opportunity most Australians don’t know about.
Unmasking Mortgage Loyalty Tax: Are You Paying Too Much?
Are you unknowingly paying more on your home loan than you should? If you’ve stuck with the same lender for years without reviewing your interest rate, chances are you’re paying what’s called the mortgage loyalty tax, a hidden cost that affects thousands of Australians each year. Many homeowners assume that sticking with their bank means […]
Boost Winter Savings With a Home Finance Check-Up
Winter season can throw your budget off balance because of higher heating bills, extra layers on the bed and the body and unexpected home repairs… your expenses will be doubled. And if your mortgage hasn’t had a proper once-over in a while, there’s a good chance that you’re missing out on savings. So that’s where […]
Smart Refinance Hacks To Lower Debt And Grow Equity
So, you’re sitting there, staring at your mortgage, thinking: “Okay, I’m making the payments… but is this really the smartest way to do it?” You’re not alone. A lot of homeowners feel the same way. And the truth is, refinancing your mortgage might be one of the most powerful financial moves you can make. Done […]
Refinancing 101: What It Is and How It Works
Are you thinking if it’s worthwhile to refinance your mortgage? Refinancing is the same as taking out a new loan, that means you have to go through an application process as well as provide supporting documents. The only difference is that mortgage brokers refinance to save money. However, there are many things that you have […]
What to Expect When Refinancing Your Home Loan in 2024?
It can be beneficial to refinance a fixed-rate mortgage in order to access funds or save money, but it pays to be aware of any associated break fees. When you quit a loan early, your lender will charge you break expenses. Depending on the size of your loan and the timing of your exit, these […]
How much can you really save by refinancing?
Not sure what refinancing is all about? You’re not alone. Our quick explainer lets you master the basics and helps you work out how much you could save. Home loan refinancing is a hot topic right now. Ever since interest rates hit an upward trajectory in May 2022, skyrocketing numbers of homeowners – as many as […]
Breaking out of mortgage prison: can easing serviceability buffers help?
Have you been keen to refinance but told you can’t? You’re not alone. Many Australian households are currently locked into their home loans due to rising interest rates. But some banks have recently started to lower their serviceability thresholds. As interest rates have climbed, Australians have refinanced in unprecedented numbers. In fact, a record high of […]