News.
Aussies choosing brokers over banks
Mortgage brokers were responsible for 66.5% of all new home loans in the December quarter, according to the latest data from research group Comparator.
The pros and cons of student loans
When it comes to classifying debt as either ‘good’ or ‘bad’, borrowing to fund your education or buy a property are generally regarded as good debt, because both tend to deliver a return on investment.
House-unit price gap widens
Buying a typical house will now cost you almost 30% more than buying the typical unit.
CoreLogic has reported that, at the end of February, Australia's median house price was 29.8% higher than its median unit price – a record gap.
Property investor activity surges
The official data confirms what you might’ve heard anecdotally – property investors are very active right now.
How to prepare for rate rises
The Reserve Bank has said it will increase the cash rate at some point. When that happens, banks will almost certainly raise their mortgage rates. So what can you do to prepare?