Mark Bristow

Home & Personal Finance Editor

Mark Bristow is RateCity's Home & Personal Finances Editor, and an experienced analyst, researcher, and producer. Mark’s expertise includes home loans, energy and both home and travel insurances. Mark has been a journalist and writer in the financial space for over ten years, previously researching and writing commercial real estate at CoreLogic. In the years since, Mark has worked for the Winning Group, Expedia, and has seen articles published at Lifehacker and Business Insider.

486 articles written by Mark Bristow

/lending-criteria-factors-may-help-home-loan
Home Loans

What is lending criteria? The factors that may help you get a home loan

Banks and mortgage lenders want to make sure that they provide home loans only to borrowers who can comfortably afford the repayments. With this in mind, most home loan deals require borrowers to fulfil certain eligibility criteria in order to successfully apply.

/type-home-loan-best-first-home-buyer
Home Loans

What type of home loan is best for a first home buyer?

Because every first home buyer is in a different financial situation and has different personal goals, the best home loan option for each borrower will be different. Understanding some mortgage features and benefits that are popular with first home buyers can help you compare home loans and find a deal that best suits your needs.

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Home Loans

Can you deposit cash in your home loan account?

Many banks and other mortgage lenders will let you make extra repayments onto a home loan. Depositing your extra cash into your mortgage like this can help to lower your loan principal, reducing your interest charges and bringing you closer to exiting the loan early. However, it’s not always easy to take this cash back out of your mortgage again in a hurry, unless your home loan has a redraw facility.

/best-home-loans-august-2021
Home Loans

Some of the best home loans in August 2021

With lockdowns in parts of New South Wales, Victoria, South Australia and Queensland, banks large and small have been extending relief packages to affected home loan customers, offering mortgage repayment deferrals and more.

/citi-enters-buy-pay-later-race-spot
Credit Cards

Citi enters Buy Now Pay Later race with Spot

Citi Australia has announced its new Buy Now Pay Later (BNPL) product Spot, to be available from October for use anywhere Mastercard is accepted; online, in-store, overseas and in Australia.

/does-house-depreciate-value
Home Loans

How much does a house depreciate in value?

You may not think of houses as depreciating in value – after all, don’t house prices keep going up and up? But property investors know that houses and apartments experience wear and tear over time, which requires upkeep and maintenance. While this can eat into the rental yield from an investment property, the depreciation costs can often be claimed as an expense on your taxes.

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Home Loans

Do you need a bank account to get a home loan?

To get a home loan, you’ll need a bank account in order to manage the repayments. However, you aren’t required to bank with the same financial institution that holds your mortgage.

/three-great-reasons-checking-credit-score-help
Credit Score

Three great reasons checking your credit score can help you

Your credit score is an assessment of your financial responsibility. If you have a good credit score, lenders may feel more confident about lending you more money at lower interest rates. But if you have a bad credit score, you may find it harder to successfully apply for credit.

Can I use my home as collateral for a loan?
Home Loans

Own your house outright and want another loan? | RateCity

Buying a property with a home loan typically means using the property’s value to secure the loan; a practice called “mortgaging” your home. But it’s also possible to use the value of your property as collateral on another loan, provided you fulfil the eligibility criteria and have enough usable equity available.

What factors go into a home appraisal?
Home Loans

What factors go into a home appraisal?

Before you get ready to sell your home or investment property, you may want to work out what kind of sale price you can expect. Whether you’re planning to use the money from the sale to fund your next property purchase, or if you have some other project in mind, appraising your property’s value before you sell can help you start planning your budget in advance.