It's the end of the road for 900,000 borrowers on interest-only loans, as they'll be automatically switched to principal and interest loans this year. Now's the time to check whether or not you should start considering other options.
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APRA to remove restrictions on interest-only home loans
Here's some good news to kick off 2019: APRA is removing its restrictions on interest-only residential mortgage lending from January 1.
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Season’s Greetings! Wishing you a prosperous 2019!
Whether you're celebrating the festive season with family and friends, or getting away somewhere nice and relaxing, we hope you have a wonderful break over the summer holidays!
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Bank wanted mortgage broking fees transferred to customers
A big four bank almost overhauled its broker remuneration model so that the cost of mortgage broking services would be transferred to the customer, the royal commission heard. Here's how to prevent that from happening.
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