More often than not home owners get the timing wrong when it comes to whether or not they should lock in. I guess it’s the same for investors who buy in a bull market and then sell in a bear. Panic often drives our behaviour so it’s important to look at the facts before you jump in.

Special fees for paying by credit card still upset Effie Zahos.

Despite two consecutive rate cuts last year and the RBA holding the cash rate this month we haven’t seen much rate relief for credit cards.

While the focus as to why consumers have been unable to refinance to a better deal has been on exit fees, the real problem for homeowners wanting to switch lenders is the double payment of lenders mortgage insurance.

A whopping eight out of 10 home borrowers believe the federal government’s planned bank reforms do not go far enough to help borrowers.