powering smart financial decisions

Are some Australian home loan lenders more competitive than others?

While you could get a home loan simply by applying with your current bank, casting your net a little wider could find you dozens of a competitive offers from other banks and non-bank lenders. So which lenders are the most competitive on the market, and which of their home loan options may best suit your needs?

Who needs a low documentation home loan?

Low doc home loans are designed for self-employed Australians who may not be able to provide the documentation that’s required to apply for a typical home loan. While low doc home loans can help some Australians purchase property, they may also have risks to consider before applying.

Can comparing home loans save you money?

Whether you are a first-time buyer looking for a home loan, or looking to refinance your existing mortgage, you may find it easier to discover some of the best home loan offers for your circumstances by shopping around and comparing multiple deals.

What is a property development loan?

You can use a property development loan to finance the development of a block of land for residential or commercial purposes.

A jargon-free guide to Real Estate Investment Trusts (REITs)

Learn about REITs, equity and mortgage REITs in this jargon free guide made by RateCity

How do you borrow money to buy a home?

Unless you’re part of the lucky few, you’ll likely have to borrow money from a financial institution to fund a property purchase.

Deciding on a fixed rate home loan

When you’re comparing fixed rate home loans, working out the best options to suit your financial needs can be tricky. Learning more about how fixed rates work, as well as variable rates and split rates, may be able to help you make your decision. 

What is a variable rate home loan?

Before you decide whether a variable rate home loan is right for you, it’s important to understand what it is and how it works.

Is the official cash rate the same as a mortgage interest rate?

It’s important to understand the distinction between the official cash rate and the interest rate on a home loan, and how one affects the other.

Do mortgage brokers have fees?

Enlisting the help of a mortgage broker during your home buying journey can be advantageous in a number of ways. But will it leave you out of pocket?