Mortgage lenders or lender pretender

There are a number of mortgage brokers marketing themselves as mortgage lenders and even media and regulators struggle to tell the difference. How do you spot them, why is it a problem and what can you do to play it safe? Read more or comment.

Fixed rate mortgage

Australian borrowers have recently had a record series of interest rate increases inflicted on them by both the Reserve Bank and mortgage lenders. Fear of further increases has fueled record interest in fixed rate mortgages. So what is a fixed rate and what are the traps to watch out for? Read more or comment.

Mortgage brokers top customer satisfaction again

A customer satisfaction survey regularly conducted by mortgage lender BankWest and and industry body MFAA has given mortgage brokers a customer satisfaction rating of 7.5 over direct lender help of 6.9. The results coincide with an independent survey that revealed 80% of people who use a broker are happy to refer them to someone else, against just 20% who are happy to refer a lender. What makes a mortgage broker special? Read more or comment.

Rudd snubs mortgage relief

There lips are moving, but the Federal Government is doing little else. Whilst fuel, food and interest rates continue to climb they claim to be helpless. However they could deliver rate cuts, they just haven't Read more or comment.

RAMS home loans no longer available at mates rates

With the uncertainty surrounding RAMS Home Loans and many other non-bank lenders, we have decided the risk to borrowers taking a mortgage with RAMS is too risky. Read more or comment.

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