mortgages + home loans

Dear Paul, I have much respect for your articles in Money and have just read your response to the couple who are concerned about managing their SMSF as they age. Although it doesn't apply to me, it's an interesting read. On finishing the article ... More

If you're a parent, you've likely debated whether you should support your adult kids financially (and if so, in what way exactly?). Finder research shows that around 44% of parents with adult children help them out financially, chipping in for ... More

Some life events can place a huge burden on your finances. But adequate insurance can lift much of that burden. Be wary of these life-changing events. The insurance statistics in Australia are worrying - only about half of all Australians have some ... More

Six months after the introduction of deferrals, many Australians who requested one are now starting to resume their repayments for their deferred loans. According to data released by Australia's banking regulator, the Australian Prudential Regulatory ... More

The Reserve Bank of Australia has cut the cash rate, but how can you tell if your lender has passed on the savings? More importantly, what can you do if it hasn't reduced your mortgage interest rate? In the first week of November, the RBA announced ... More

In August 2019, the Australian Housing and Urban Research Institute (AHURI) found that since the mid-1990s, the proportion of Aussies carrying a mortgage into retirement had more than doubled to 45%. While more of us are holding a mortgage between the ... More

Is now a good time to consider fixing interest rates? My preference has always been a variable rate, but it appears the Reserve Bank doesn't have much room or appetite to move lower. I am currently on a variable rate for all my three property mortgages ... More

Responsible lending obligations (RLOs) are set to be watered down in hopes of boosting the flow of credit circulating through Australia's banking sector, but consumer groups say the move will make loans more expensive and harder to get. In short ... More

The scrapping of the responsible lending obligation will make it easier to get credit cards and home loans. It also puts a bigger burden on borrowers to make the right decision. Last week, Treasurer Josh Frydenberg announced upcoming changes to lending ... More

My husband and I are now retired and drawing on our super. We think we have enough money to "last". We have two adult children. The mortgage has been fully paid out, but we haven't discharged it, which means we have access to $300,000 to redraw ... More