mortgages + home loans

One in five Aussies had less than $1000 in savings in 2019. Since then, the coronavirus crisis has hit, employment is falling and it's more important than ever to take control of your finances. The 2019 study by the University of Melbourne also ... More

Next to our family and friends, another relationship that has the power to shape our future is the one we have with our banks, lending institutions and insurers. From our savings accounts to our credit cards, business loans and home loans, our day-to-day ... More

The COVID-19 pandemic has made Australians nervous about their finances. Just as conspiracy theories about COVID-19 are doing the rounds on the internet, there are plenty of myths about how the pandemic might hurt your credit score. Buy now pay later ... More

Suncorp has been named Bank of the Year for the third consecutive year in the 16th Consumer Finance Awards, published by Money magazine. The annual awards help consumers as they make important decisions about their personal finance. The aim of the awards ... More

Hi Paul, I have heard a rumour that if you ask your bank for the six-month break from your mortgage because of COVID-19, and then you need further assistance down the track, this will not be available as you will already be considered "in default". ... More

Hi Paul, My family and I bought and moved to our new Gold Coast home in April 2018. Our mortgage is $585,000 and we have a five-year fixed-interest rate of 4.45%. We decided to go with a fixed-rate loan, thinking on the safe side that if interest rates ... More

If your income and industry haven't been affected by COVID-19, now could be a good time to refinance your mortgage as competitive rates and a number of cashback offers hit the market. Evalesco mortgage broker and financial adviser Jules Knox says ... More

Hi Paul. I borrowed $296,000 two years ago to buy my own home. After lots of extra repayments I have $111,000 remaining at an interest rate of 2.88% with $540 fortnightly repayments. Ignoring offset, this would effectively be repaid in nine years. I ... More

With rates now at an all-time low, many of you may be wondering whether it's better to refinance your home loan to a fixed or variable rate. Before going further, it's important to understand that the perfect choice depends on unknown future ... More

The property market is still ticking over, but there are extra challenges for buyers and sellers, landlords and tenants. Here, experts answer nine questions about buying, selling and investing in property during the coronavirus pandemic. 1. What can ... More