Home Loans

One in five new borrowers fix home loans

First home buyers are locking in more fixed rate home loans than they were four years ago as arrears rates continue to improve.

Banks' could pull back on home loans

Gareth Hutchens Banks could pull back from lending to new home owners after making losses on mortgages.

Interest rates at the right setting

Mark Bouris dinkus.

Mark Bouris We owe far more than we earn, but is there any need to restrict the housing market?

GETTING STARTED

No need to be negative - it's high time to fix

David Potts Economists have changed their tune about interest rates and you may not want to hear it if you're trying to save.

GETTING STARTED

Cheaper to rent than buy? The debate continues

Property costs: the costs of owning a house are estimated to be higher than those of renting.

David Potts A recent paper suggested renting a home is now cheaper than buying. But it's not that straightforward.

BORROWING

Lenders' mortgage fees rise

BALANCING ACT: Borrowers should do a review every so often to make sure their mortgage is still competitive with other lenders.

John Collett Home buyers are urged to shop around to ensure they're getting the best possible deal.

Fixed mortgage rates tumble but watch for fees

Fixed mortgage rates.

John Collett CBA, NAB and Westpac cut interest rates on some of their fixed-rate home loans this week, including slashing their five-year fixed rates to 4.99 per cent.

BORROWING

Offset accounts can save you thousands

Mark Bouris dinkus.

Mark Bouris When they're used properly they can accelerate the paying-down of the mortgage.

John Collett

On a fair dinkum comparison, these rates are low

John Collett dinkus

John Collett The Commonwealth Bank’s 5-year fixed home loan interest rate of 4.99 certainly hit the headlines when it was announced on Wednesday.

LOW RATES

Mix of fixed and variable rates the wisest course

David Potts dinkus.

David Potts If you're paying more than 5 per cent, whether fixed or variable, at a bank then you're being ripped off.

INSIGHT

How long will this cheap money last?

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Clancy Yeates It would be extremely unusual for rates to remain at these levels for five years.

GETTING STARTED

We've one export the world really wants

Crunch: Inflation of 3 per cent is starting to show its effects.

David Potts Did you know Canberra is running a nice little line in flogging government bonds, apparently to other central banks?

Borrowing

Is now the time to invest in property?

Mark Bouris dinkus.

Mark Bouris Low interest rates have people considering their investment options.

BORROWING

Comparison rate allows borrowers to compare true costs of loans

Mark Bouris There’s something of a home loan ‘'rate war'’ going on at the moment, which can be great for borrowers. But it also creates pitfalls for the unwary.

MORTGAGES

Beyond the big four banks

Karl Hilzinger colour cartoon.

Christine Long Love to hate the major banks? Three alternatives seek to challenge the status quo.

SUIT YOURSELF

Does red zone thrill, or are you still a bit green?

Gas or steam leaking from an industrial pressure gauge. Very high resolution 3D render. resaved version of iStock file. previous one corrupting in Cyber. generic iStock.  Gauge and pressure and steam.

Emily Chantiri It is never too early to start investing, but one strategy does not suit all.

RATES

Do the sums on mortgage options

Mark Bouris With low interest rates forcing competition among lenders, price is not the only factor.

PROPERTY

It pays to keep a cool head

melissa browne dinkus

Melissa Browne Let me share my tips for safely navigating the treacherous waters of the property market.

BALANCE TRANSFERS

Forget loyalty - card switching can help you get on top of debt

money cover dog loyalty and credit card


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Christine Long Need some breathing space from heavy interest charges on your credit card debts? A balance transfer deal could be the answer.

INSIGHT

Time to shop around for cut-price credit

Money:97032: Picture by Craig Abraham: Picture shows the torso of a women holding a basket of money.

shopping, home loans, home finance

Clancy Yeates Banks are competing fiercely to sign up more customers in anticipation of stronger credit growth. This means many are offering cut-price home loans