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New consumer research from Mozo uncovers that many Australians are seeing large amounts of their monthly income swept away by home loan repayments, in what’s being dubbed a ‘mortgage cyclone’.
The costs of a 20% home loan deposit continue to soar, but could it cost Australians more to pay less upfront? Read more, here at Mozo.
Australia’s average mortgage size clocks in at just under $600,000. So how much money does it take to buy a home at this price? Read more, here at Mozo.
RBA governor Philip Lowe leaves a complicated legacy. Here are the main takeaways Australians and home buyers can learn. Read more, here at Mozo.
Commonwealth Bank, NAB, ANZ, and Westpac make up the majority of the Australian banking sector. How have their predictions about official interest rates held up so far? Read more, here at Mozo.