The Truth About First Home Deposits

When you’re buying your first home, the amount of the deposit you have saved is important— almost as important as the monthly mortgage repayments you can afford. If you’re about to enter the property market, you may have heard that you need to have 20 per cent of the purchase price saved as your deposit.…

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Clouded by Commissions: How to Find an Unbiased Broker

It may come as a surprise to learn that 70% of mortgage broker recommendations in Australia go to one of the Big4 banks. Consumer watchdog Choice has found that some mortgage brokers are driven by sales incentives which can lead to bad advice for home loan customers. So how can you tell if a broker…

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