How to get started in property investing

Owning an investment property could potentially offer a path to building wealth and ensuring a more comfortable retirement. However, not all borrowers will successfully invest in property, with many selling within the first five years and giving up on their property dreams.

Can you change your home loan to an investment loan?

Mortgage lenders offer different types of home loans to owner occupiers and to property investors. Buying a home to live in is different from buying an investment property, and comes with a different type of risk for the lender.

Some of the top-rated home loans for investors and refinancers in December 2023

The cumulative effect of 13 cash rate hikes from the Reserve Bank of Australia (RBA) since May 2022 may be helping to tackle inflation, so it can hopefully fall into the RBA’s target band by 2025 on schedule. But in the meantime, many Australian homeowners and investors are doing it tough, thanks to higher home loan interest rates and banks hiking rates out of cycle from the RBA.

Too hot to handle? One in five property investors to sell in 2024

Higher interest rates could push a significant portion of Australia’s property investors to sell a property over the coming year, according to new mortgage broker research.

NAB launches Meet Now virtual appointment service for home loan customers

A new service from National Australia Bank (NAB), is set to connect Australians with home loan bankers within 15 minutes, providing increased convenience in the age of digital banking.

Some of the top-rated term deposits in December 2023

With the Reserve Bank of Australia (RBA) keeping the national cash rate on hold at 4.35% in December 2023, not a lot of movement is expected for term deposit interest rates in the immediate future. But with some economists forecasting that the RBA could hike rates again in February 2024 if inflation doesn’t fall fast enough, It may become possible to give your savings an extra boost later in the new year.

Some of the top-rated personal loans in December 2023

New lending indicators from the Australian Bureau of Statistics (ABS) found that in October 2023, the number of new fixed term personal loans rose by 2.1% compared to the month before, to $2.5 billion.

Some of the top-rated home loans in December 2023

The Reserve Bank of Australia (RBA) board delivered Australian mortgage holders an early Christmas present at its December 2023 meeting by keeping the nation's cash rate on hold at 4.35%. But with economists from some of Australia’s big banks forecasting another rate hike in February 2024, Australian homeowners may not be feeling the love by the time Valentine’s Day rolls around.

What to expect from the RBA meeting in December 2023

As 2023 draws to a close, it’s time to ask if the Reserve Bank of Australia (RBA) has one more rate rise left in the tank for the year. Economists from some of Australia’s leading banks have their own thoughts, based on previous RBA updates, new inflation data, and their own economic modelling for 2024 and beyond.

Personal loan vs car loan: which option is suitable for you?

Most lenders offer both car loans and personal loans – what’s the difference? And which one is the best choice when you’re buying a car?