Home Loans Articles

Relevant Home Loans articles and tips

These 5 home loan traps could cost you massive dollars


Nick Bendel

Nick Bendel

( 4 min read )

What is mortgage stress?

Mortgage stress is not the worried feeling you get when the news is constantly filled with speculation around housing affordability, property bubbles, or interest rate rises. Instead, mortgage stress can be broadly defined as when your household’s income doesn't adequately cover the cost of your mortgage and other expenses.


Mark Bristow

Mark Bristow

( 3 min read )

Hidden fee traps and how you can avoid them

RateCity spoke to Sydney mother of two, Natalie, about how she found herself falling into her banks’ fee traps, and how she’s choosing to break the cycle.


Alex Ritchie

Alex Ritchie

( 8 min read )

How can I pay my loan off faster?

Whether you have a home loan, a personal loan or a car loan, it’s likely that you’d prefer your debt to be paid off as soon as possible. The longer you owe money to a bank or lender, the more interest you’ll be charged, until the total cost eventually exceeds any benefits offered by the loan.


Mark Bristow

Mark Bristow

( 5 min read )

What is APRA?

APRA, or the Australian Prudential Regulatory Authority as it is officially known, is the prudential regulator of Australia’s financial services industry.


Nick Bendel

Nick Bendel

( 1 min read )

What is a principal and interest home loan?

Home loan repayments are either made on a ‘principal and interest’ basis or they are paid by ‘interest-only’ instalments.


Alex Ritchie

Alex Ritchie

( 4 min read )

Is it safe to get a home loan with a small lender?

While there are certainly benefits to getting your mortgage from a major bank like Australia’s Big Four, it’s the smaller lenders that tend to offer the more competitive interest rates, fees and charges that give the big banks a run for their money.


Mark Bristow

Mark Bristow

( 3 min read )

Why smaller mortgage lenders often come out on top

Borrowers are doing themselves a disservice if they refuse to at least consider taking out a mortgage with a lender outside the big four banks.


Nick Bendel

Nick Bendel

( 3 min read )

What is a mortgage broker?

A mortgage broker helps consumers take out home loans with lenders. As such, mortgage brokers act as middlemen between consumers and lenders.


Guest

Guest

( 2 min read )

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