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Banking

Friends With Money #194: Is it time to refinance?

Interest rates are beginning to fall, so could now be a prime time to take stock of your mortgage and consider switching lenders?

RBA cuts cash rate for the first time since 2020

Mortgage-holders will be breathing a collective sigh of relief following the Reserve Bank Board's decision to cut interest rates for the first time in more than four years.

How the Reserve Bank controls inflation

The inflation rate is now within the RBA's target range and expected to stay there, but how did we get here?

Why Aussies with HECS debts could find it easier to buy a house

Treasurer Jim Chalmers has called on the bank regulator to loosen its lending rules to make it easier for the Australians with student debt to take out a home loan.

What to know about gifted deposits and gift letters

A gifted deposit can help first home buyers, but it can also create legal and financial risks. Here's what families should know before handing over money.

How to refinance your mortgage for the first time

Want to lock in a lower mortgage rate to save money on repayments or pay your home off faster? Here's your guide to refinancing your home loan.

Why do borrowers refinance their loans?

There are two main reasons borrowers consider refinancing their loans, says Mozo's Rachel Wastell.

CBA delays plans for $3 cash withdrawal fee

CBA has delayed its plans to charge customers a $3 fee to withdraw cash from branches after customer and government backlash.

The best home loan interest rates in Australia

When searching for the best home loan interest rates, it's easy to focus solely on the numbers. After all, who wouldn't want to secure the lowest possible rate?

How to find the best mortgage rates in Australia

When searching for a home loan, one of the first questions on your mind is likely, "What are the best mortgage rates in Australia?" It's a fair question, as securing a competitive rate can save you thousands over the life of your loan.
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