Record low interest rates have been a double-edged sword for first home buyers. They’ve made loans more affordable, but they’ve also placed a lot of upward pressure on property prices, making a de...

In light of the recent final report of the Financial Services Royal Commission, there’s been a lot of really positive and supportive commentary about mortgage brokers and the value that they bring...

Recently I was with a client who I did a loan for 19 years ago. He was single, on an average income, but he was now mortgage free. He didn’t have to live a life of extreme frugality. He took holid...

Does your income provide you with some spare capacity to pay off your mortgage and you’re wondering whether it makes a difference whether you just pay off the principal or use an offset account or...

In general terms, there are two types of people that use credit cards: the Transactors and the Revolvers. 

The Transactors use their card to buy everything and then pay the card balance in full at...

The royal commission into banking has persuaded lenders to think in earnest about tighter lending criteria set by the banking regulators several years ago.

Capacity to service

Though the specific r...