Are you being stung by the loyalty tax?

Once upon a time you were rewarded for loyalty. But borrowers with older mortgages are typically paying a higher interest rate than customers on new loans, confirms the Reserve Bank of Australia (RBA). Read more

Smaller lenders taking applications for home loan deposit scheme

Non-major lenders have started offering another 5,000 slots for the First Home Loan Deposit Scheme, which allows first home buyers to purchase a property with a deposit of 5% without having to pay Lenders Mortgage Insurance (LMI). Read more

How to increase your property’s value by up to 10%

Properties with high energy-efficiency ratings typically sell for up to 10% more, a review of international research shows. Read more

Why don’t lenders drop my repayments when the interest rate falls?

A question that’s been popping up a bit lately has been ‘why didn’t my lender reduce my repayments when the interest rate fell last year?’ Read more

The race is on: thousands rush to apply for first home loan scheme

If you’re thinking of taking advantage of the new First Home Loan Deposit Scheme then you better act quick, as thousands of first home buyers have already applied for the 10,000 guarantees available. Read more