mortgage update (equity, fixed vs. variable, parental guarantees, self employed + more) ep904

January is prime time for a mortgage reset so for this episode Glen James is joined by Rachelle Kroon from Sphere Home Loans for a lending update and a chat about: 00:37 - why January is a good time to review your mortgage 07:54 - equity explained and how it can lower your interest rate 15:32 - fixed vs variable 27:13 - repricing vs refinancing 32:40 - how parental guarantees work 34:02 - the government 5% deposit scheme risks and benefits 46:58 - increased flexibility in lending for self-employed people 54:30 - Rach’s top tips if you own a home or are planning to buy in 2026 Subscribe to this is property: https://www.youtube.com/@thisisproperty money money money is proudly brought to you by Sphere Home Loans. No matter where you are in Australia, their team is ready to assist with your mortgage needs—whether you're purchasing a home, investing in property, or looking to refinance. Sphere Home Loans: https://www.spherehomeloans.com.au/ Learn how to be a better investor with 'The Quick-Start Guide to Investing' book: https://amzn.to/4dE11ai Need a system to manage your money? Check out the free Glen James Spending Plan here: https://education.moneypodcast.com.au/courses/the-glen-james-spending-plan This video is for education and entertainment purposes. It is not intended as a substitute for professional financial, tax or legal advice. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement and obtain appropriate financial advice tailored to your needs. We may discuss products, services and answer listener questions on this video for entertainment & illustration purposes only. We may change the name of the questioner for anonymity. It is impossible to give you personal advice on an entertainment video as we do not know the details of your personal financial situation. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies that may be communicated in this video. SYMO interactive Pty Ltd, the publisher of the video, is an authorised representative of MoneySherpa Pty Ltd (as is Glen James) which holds financial services licence 451289. Please read our Financial Services Guide located at moneypodcast.com.au. This video is intended for residents of Australia. Intro theme: "Coal" by Hartley Licensed via Shutterstock Music – royalty-free, commercial use permitted. Community Segment Theme: "Tuscan" by Geoffrey Jerrell Licensed via Shutterstock Music – royalty-free, commercial use permitted. Midroll Segment: "Sunset Paradise (Pop)" by Monument_Music Licensed via Pixabay Music – royalty-free for commercial use. Outro Music: "Photograph" by nomaBeats Licensed via Pixabay Music – royalty-free for commercial use. No copyright infringement intended. All music used under appropriate commercial licences.