Banks are paying home loan borrowers for their business!

The Australian banking environment has changed substantially over recent years.  There has been an unarguable tightening in credit, which became even more restrictive following the Banking Royal Commission, along with a potentially related slowdown of housing lending during 2019.

As a result, many lenders have found that their sales activity and lending portfolio growth has subsided – meaning that the competition for new good quality loan opportunities is as fierce as we have seen in recent times. Continue reading Banks are paying home loan borrowers for their business!

Fixed V’s Variable Interest Rates – Pro’s and Con’s

With Australia currently enjoying historically low interest rates there are many borrowers asking themselves “should I fix the interest rate on my home loan?”

Indeed at many social functions the topic of interest rates is often raised and it seems that there are many views and opinions on the best strategy, which just adds to the confusion for many of us. Continue reading Fixed V’s Variable Interest Rates – Pro’s and Con’s