Forty per cent of first-time home buyers are suffering mortgage stress. Fujitsu found 581,000 households were in mortgage stress, up 0.7 per cent during Febr.....
CreditMart recently undertook some analysis around interest rates on reward program credit card offers and found that the average interest rate on these cards was 1.....
Not all credit cards are created equally. And so it makes it that much harder to decide which credit card offer to choose. There are many factors you sh.....
Markets are pricing in two more 0.25 per cent rate increases in the short term. Fixed term
mortgage rates increased in June. Banks have been unwilling to increase their variable rates in recent months with the five major bank lenders all having their variable rates set between 9.44 and 9.47 per cent. Brokers report that demand for fixed rate
mortgages has fallen to around 13 per cent of new mortgages written. ANZ, Westpac, ING Direct, Wizard and Aussie have all increased their fixed rates in the last few weeks.
