Home loan types

What's so good about a mortgage offset?

What's so good about a mortgage offset?

A mortgage offset account can help you save money and reduce your tax bill. But if it's such a great loan feature, why doesn't everyone have an offset account?

Offset vs redraw - which is best?

Offset vs redraw - which is best?

When it comes to making the most out of your mortgage, are you better off with an offset account or redraw facility? We look at the pro's and con's of both options.

The dangers of interest only loans

The dangers of interest only loans

An interest only loan can seem like a great idea at the time, but there are risks involved in buying a property with a loan that fails to pay off any principal.