If you’re buying a home or paying off a mortgage, your interest rate matters. After all, if interest rates go up, you could be paying more for your mortgage. If they go down, you’ll have more money in your pocket and may be able to afford to borrow more or pay your...

Comprehensive Credit Reporting (CCR) is a change to credit reporting by banks in Australia.   Previously, negative credit reporting was the system Australia operated under, which was based around only making a note of negative credit events such as missed repayments...

Bankruptcy can be life-changing, but it doesn’t mean you can never get a home loan. Bankruptcy is not designed as a punishment. It is more like a financial “reset button.” It is there to help Australians who, through no fault of their own, find themselves in a...

If you want to update your existing property or you want a house customised to your needs and preferences, building a house instead of buying one can be a good choice. If you’re looking to do this, then a construction loan is the finance tool you need.   What is...

We outline six steps worth taking in your home buying journey so you can purchase your first home with confidence. For many people, buying their first home will be the biggest purchase they ever make. And not knowing just where to start can feel a bit overwhelming....

Tighter credit and changing lending policies are creating confusion and complexity in the third-party channel as brokers receive conflicting messages from bank BDMs and credit assessors on prime mortgage deals. Fears are growing about a potential “credit crunch” that...

The Australian Broking Awards are the benchmark for excellence in mortgage broking. Since 2011, the awards have celebrated professionalism, best practice and innovation in mortgage broking, and are the most sought-after award for Australia’s brokers, brokerages,...

The royal commission would make a great television comedy if it wasn’t so sad. At the heart of this week’s hearings are stories of shattered dreams and the harsh reality of failure. There are really only two archetypes in Hayne’s melodrama: heroes and villains. It’s a...

Banks are clamping down on borrowers from every angle, with ‘living expenses’ one of the latest factors to draw attention. So how can you maximise your borrowing power, when every little expense is under the spotlight? Ten years ago, getting a Home or Investment Loan...

The MFAA Excellence Awards are the most rigorous in the Australian mortgage and finance industry, and are judged by an independent panel of business professionals and experts.     The Mortgage & Finance Association of Australia (MFAA) has announced Go...