Choosing a Home Loan

Man and woman sitting to each other talking about loan repayment

COVID-19 repayment amnesty over: how to avoid a bad credit rating

The COVID-19 loan deferral program and credit reporting amnesty is now over, which means banks will report any late loan repayments on mortgage or small business loans to credit agencies unless you’ve entered into a hardship arrangement. The banks’ mortgage deferral program and subsequent credit score reporting amnesty officially ended on April 1. The package …

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Girl showing something on her phone to her partner while they both smiling

How do you compare: how much of your pay goes to your mortgage?

The property market is going through a boom phase, which means housing affordability is getting tougher. So how much does the average Australian household need to put towards their monthly home loan repayments in the current market? Let’s take a look. You’ve probably noticed the housing market is going a bit crazy at the moment. …

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