For some mortgage brokers, uncertain economic times can mean they'll be busier than ever at work. "I expect to be on a mortgage rate roller coaster for the next few months," Melissa Cohn, regional vice president of William Raveis Mortgage, …

A reader wants to know if a plan to cut their mortgage bills is the right approach Is the mortgage market turbulence getting you down? Have you got a mortgage-related question you need answering? Email in and we’ll get one of our experts to reply. Nick …

… buys a property with a 40-year mortgage when they’re 24 instead … ,206. By comparison, on a 40-year mortgage you’ll save $296 on … $24,000 more on a 40-year mortgage than they would on a …

There are now four lenders offering first-time homebuyers 40-year mortgages. The dangers of taking on extra debt, albeit over an extra decade, may be the only option for those shut out of the house price boom.

… three Australians would consider a 40-year mortgage term to reduce payments.  A …

Data from the Australian Bureau of Statistics (ABS) shows the average home loan size in Australia reached a record $641,416 in September 2024. This marks a 37% increase from September 2019, when the average loan size was $467,403. Graham Cooke (pictured …

… loan. Only four lenders offer 40-year mortgages in Australia – all exclusively to …

… , increasing your debt. Not all 40-year mortgages have the features mentioned above … have a lower monthly payment, 40-year mortgages cost more overall since your … terms. Risky loan features: Many 40-year mortgage programs have affordable payment options …

In practice, a 40-year mortgage is a trade-off: The …

40-year mortgages not a good deal  Smaller … has revealed how the new 40-year mortgage will cost borrowers hundreds of … I've hopefully shown, 40 year mortgage terms would be a disaster …