Brisbane Times
·general
·3 hours ago
With rates rising, should we use savings to reduce our mortgage?
On April 25, 2026, financial experts discussed whether to use savings to pay off mortgages amid rising interest rates. They recommend utilizing an offset account, which offsets mortgage debt with savings, allowing borrowers to retain liquidity while reducing interest payments. This strategy could better protect against potential financial uncertainties and keep savings accessible for emergencies.
Summary by Glance · Brisbane Times
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