Offset accounts could help mortgage holders pay down the principal on their loan faster.
The cost of groceries, energy and fuel are the bills that Australians believe will cause the most pain in the next year.
The latest research from Compare the Market found that 5.5% of mortgagees surveyed are preparing to sell their house due to pressures from rate rises
Results from the Household Budget Barometer show that an increasing number of people turn to the web for financial advice.
The latest research from Compare the Market found that more than half (54.6%) of mortgage holders would consider switching to a challenger bank if offered a better rate
Borrowers groaning under the weight of engorged repayments have been spared a rate rise this month, but experts warn it's not time to be complacent with future hikes predicted.
The RBA has lifted interest rates by another 25 basis points.
Here's how banks are responding to the June RBA rate rise announcement.
Here's how the banks are reacting to May's RBA rate rise announcement.
It comes as Compare the Market’s latest survey revealed almost half of Australians aren’t equipped or ready to go into a recession.
Compare the Market warns that borrowing power could plummet even further in the coming months.
Borrowing power has plunged more than $200,000 for some Australians but are being warned it could plummet even further in the coming months.