Tony Ibrahim

Senior Journalist

Tony Ibrahim is RateCity’s Senior Journalist and reports on personal finance news. A decorated journalist, investigative reporter and editor, he makes complicated things simple to understand so that you know how they affect your everyday.

87 articles written by Tony Ibrahim

Home Loans

Mortgage defaults rise, Analysts warn there’s more to come

Record low property prices and decreasing loan costs haven’t helped a growing number of people who have fallen behind on their mortgage repayments, -- and the trend is only expected to get worse.

Home Loans

Housing at its most affordable level in a decade

Falling property prices and cheap mortgage rates have led to housing reaching its most affordable level in ten years, according to analysts.

Home Loans

ASIC kept in the dark on scrapping responsible lending rules

Financial regulators weren’t asked for their assessment on the scrapping of responsible lending laws before the government’s surprise announcement, according to testimony.

Home Loans

A quarter of Aussies believe it’s the best time to buy a property

A quarter of Australians believe the pandemic and its subsequent response has led to the perfect conditions to snap up a property, according to a bank’s research.

Home Loans

Melbourne property listings surge, but economists ask: are they forced sales or is it a rebound?

Melbourne experienced a 330 per cent increase in monthly sale listings, causing experts to examine whether there’s a rise in distressed sales or an economic rebound.

Car Loans

Australia's best new and used car loans in October 2020

Shoppers in the market for a new car arguably have more bargaining power today than they’ve had in years, as dealers are working hard to turn a 30 month trend of falling car sales.

Car Loans

Used car prices swell by almost 30 per cent during COVID-19

Used car prices have swelled by a record 30 per cent following a stock shortage, but economists are suggesting now might be the time to sell as the rollercoaster ride could turn.

Home Loans

Amid record low lending, property investors look for bargain loans

Investor lending has dropped to record lows around the country, but about a third of property investors are watching rates closely in the hope of refinancing.

Savings Accounts

Afterpay to provide Westpac-powered savings accounts

Afterpay’s millions of customers will be able to sign up for Westpac-powered savings and transactions accounts under a partnership between the two traditional rivals.

Home Loans

TicToc cuts home loan interest rates to new low ahead of RBA meeting

Online lender TicToc has cut interest rates on its home loans a fortnight before a possibly historic rate cut, positioning its product alongside some of the most competitive in the market.