If you are dealing with a mortgage broker, you need to be aware that they might not be free to select from all possible lenders Instead, brokers have established relationships with a select panel of lenders

Comparing mortgages is without a doubt one of the more challenging tasks that the average person will have to confront in their financial life For any home buyer, be it a first home buyer or an established home owner looking to refinance their mortgage or upgrade to another home, or an investor buying an investment property, making home loan comparisons between different mortgage providers and between various home loan options can be a highly complex exercise

The mortgage broker’s role is to simplify the process for the home buyer With the possibility now of rising interest rates a stark reality, existing mortgage holders will be keen to minimise the impact of higher standard variable mortgage rates

Every year thousands of people decide to take the plunge and go into business for themselves Whether they have an idea for a great new product or service that they believe everyone will want or whether they decide to start a more tried and true business form, when the entrepreneur inside takes hold it must be appeased

Over the past decade franchised mortgage brokers have experienced boom times Mortgage Choice, RAMS, Wizard and others expanded to meet the demand for credit from the proliferation of non-bank credit providers; until recently

The mortgage market in Australia has been great for the big banks It has not been as great for consumers

We all tend to be prone to overreaction All you need to do is turn on the news to find out the latest apocalypse du jour

This article addresses many common questions first-time home buyers often ask It is a must read article, with loads of valuable information that will save you both time and money

The Bank of England has slashed the Base Rate in previous months to an all time low The reasoning behind this was to alleviate some pressure on current home owners and to help rejuvenate the financial economy hoping the banks would begin to lend money again

Australia is one of the few countries, along with Canada, who has felt the credit crunch less than the rest of the world There may be many reason for this, such as stricter property lending rules or because there is such a large amount of space and supply of land to be able to be used for homes that the vast increases the majority of the world saw from 2004 – 2006 did not happen