Jody McDonald is a freelance writer based in Brisbane who specialises in writing about business, technology and the future of work. She’s helped a range of SaaS platforms and tech companies share ...
Australia's banking regulator will impose its first cap on high debt-to-income home loans from February, moving to curb ...
Interest-only mortgages allow borrowers to pay just the interest on their mortgage for a set period of time. Read on to learn more.
SYDNEY, March 31 (Reuters) - Australia's banking watchdog on Friday said it would place limits on interest-only residential loans to reinforce sound mortgage lending practices in a hot property market ...
Worsening housing affordability is prompting new approaches to lending, but experts warn this new banking practice could land home buyers with bigger repayment bills in the longer-term. Mortgages with ...
Australia’s mortgage market is showing increasing signs of systemic risk, as lenders ease borrowing standards and the government promotes high-risk loans through taxpayer-backed incentives. A ...
Johanna Leggatt is the Lead Editor for Forbes Advisor, Australia. She has more than 20 years' experience as a print and digital journalist, including with Australian Associated Press (AAP) and The Sun ...
Interest-only mortgage loans provide borrowers with lower mortgage payments during the initial few years of the loan. If you are trying to decide whether an interest-only mortgage would be right for ...
An interest-only mortgage is a home loan where the borrower makes monthly payments on only the interest they owe their lender for the first few years of their loan. During this period, which usually ...