Home Loan & Mortgage Education Centre

The education centre is an online resource where you can learn more and get simple tips about the home loan industry in Australia. It will continue to grow and evolve so remember to bookmark this page as one of your favourites to ensure you stay up to date with the latest home loan and mortgage industry news.

Pros and cons of fixed v variable interest rates

Analysis of Reserve Bank of Australia (RBA) data since 1990 shows in the vast majority of cases borrowers would have paid less interest sticking with a basic variable loan than trying to pick the best times to fix mortgage rates.
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The Hidden Costs of Buying & Selling a Home

Wherever possible, we try to avoid charging fees to our customers but there are still a variety of hidden costs associated with buying a home and borrowing money that you’ll need to be aware of.
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The Hidden Cost of Mortgage Brokers

Exorbitant broker commissions cost Australian home buyers a massive $1.8 billion a year, according to InfoChoice estimates. This figure is what inspired QuickDirect to enter the market and put an end to the behind-the-scenes arrangements between banks and brokers and to pass on savings directly to borrowers.
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Demystifying the Credit Process

Applying for a mortgage can at times be confusing and frustrating. Traditionally, lenders have not been particularly good at explaining to customers how loan applications are assessed. They just gather a variety of information and provide a decision
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