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Exploring Variable vs. Fixed Rate Loans in Depth

Introduction When you apply for a loan you often have the opportunity to select a loan with a variable interest rate or one with a fixed interest...

What the Reserve Bank of Australia (RBA) data says about interest rates

Below are some observations as reflected from the data obtained from the RBA for the 12 month period ending 31 August 2020 Whilst both the absolute numbers...

Insights on Home Loans: Key Factors to Consider

The marketplace 8211 The consumer lending marketplace especially in home loans and residential lending is vast and perplexing 8211 Apart from the big 4 retail banks CBA...

Quick Summary of Interest Rates and lenders fees and charges

At its simplest level there are 2 types of interest rate products available for the housing loan market in Australia Variable Interest Rate products Vs Fixed Interest...

A Deep Dive into the NCCP’s Required Comparison Rates

Introduction Commonwealth legislation requires that for every home car or personal loan advertised a comparison rate has to be quoted But lenders also have to include a...