Demand for fixed rate home loans has fallen for the sixth month, with Mortgage Choice data showing fixed rate loans accounted for 21.75 per cent of all loans written in February, down from more than 28 per cent in September 2017.
More than half of households are contributing more than 30 per cent of their disposable household income - a common benchmark for financial stress - towards rent or paying off their mortgage.
Successful property investment requires an understanding of your individual cash flow position needs as well as your ability to manage your cash flow over the decades.
Mystery shopping by mortgage comparison site Mozo has found that the Big Four banks are offering discounts of up to 0.82 per cent to customers who ask for a better deal.
