Mortgage Choice
Mortgage Choice articles. Read the latest news, information and feature articles on Mortgage Choice
-
Borrowers should shop around for best mortgage broker, not just the best loan: Broker
Borrowers are inclined to use a mortgage broker because they can recommend products from as many as 30 different lenders, but according to Sydney mort... Read More -
Lower rates and conservative mindset drive fixed-rate demand to one in five home loans in August: Mortgage Choice
Mortgage Choice has attributed a marked increase in the popularity of fixed-rate home loans in August to more attractive reduced rate offerings and a ... Read More -
Variable-rate mortgage demand rises for third straight month: Mortgage Choice
Demand for variable-rate mortgages rose for the third straight month, according to June figures from Mortgage Choice, accounting for 82% of all mortga... Read More -
Decision to cut rates by 25 basis points will help spending and lift spirits: Mortgage Choice, RateCity.com.au
Mortgage Choice says today’s 25-basis-point rate cut was expected following a “somewhat subdued reaction to last month’s 50-basis-point rate cut, soft... Read More -
Fixed-rate mortgage demand driven by cheap deals – but still off GFC peaks: Mortgage Choice
Fixed-rate mortgages currently account for around one in four loans (22%) written by Mortgage Choice brokers and could rise even higher following Aust... Read More -
Rate hold decision no cause for borrower complacency: Mortgage Choice and RateCity
While disappointing, today’s decision by the Reserve Bank to leave the cash rate unchanged at 4.25% does not mean borrowers should be complacent about... Read More -
Mortgage brokers call for rate cut and first-home owners’ grant changes
Mortgage broking groups Mortgage Choice and Loan Market Group are calling on the Reserve Bank to cut interest rates next month to help encourage more ... Read More -
Gladstone mortgage broker wins top gong at MFAA awards
Ruan Burger from Home Loans Etc has been named mortgage broker of the year at the 2012 Mortgage and Finance Association of Australia (MFAA) Excellence... Read More -
Demand for discounted mortgages wanes as lenders pull offers: Mortgage Choice
Demand for ongoing discount rate loans has fallen as lenders pull back on offering these special deals, according to February mortgage approval figure... Read More -
CUA to offer home loans via Mortgage Choice and Smartline brokers
Mortgage Choice and Smartline mortgage brokers will be able to offer their clients home loan products from Credit Union Australia (CUA) from March 1 f... Read More -
More choice likely among big four bank mortgage rates: Mortgage Choice CEO Michael Russell
The current 15-basis-point gap between the standard variable interest rate of the major banks will widen in the future, according to Mortgage Choice C... Read More -
ACCC reviewing compulsory mortgage broker industry body membership
The ACCC is investigating whether it is in the best interest of consumers for some mortgage broking groups and lenders to make it compulsory for their... Read More -
Home loan key fact sheets just a good starting point for borrowers: Mortgage Choice
Mortgage broker Mortgage Choice says home loan key fact sheets are a good starting point for making mortgage comparisons, but are not a comprehensive ... Read More -
John Symond's Aussie Group eyes more brokers after posting 40% profit jump
Self-made millionaire John Symond wants to boost broker numbers, pick up more assets and build a financial advice service at Aussie Group, the home lo... Read More -
A quarter of borrowers now choosing fixed-rate loans: Mortgage Choice
The November and December interest rate cuts did nothing to dampen borrower enthusiasm for fixed-rate mortgages, which surged to nearly a quarter (24%... Read More -
Queensland developers say overly conservative valuers to blame for sales failures
Suggestions by Mortgage Choice CEO Michael Russell that overly conservative property valuers are hampering the recovery of the property market have be... Read More -
Mortgage broking franchises by the numbers
The decision by Smartline and the Mortgage Gallery to merge their businesses has created a new group to take on some of the biggest and most establish... Read More -
A third of NSW consumers more likely to buy housing if rates fall further: Mortgage Choice
A decision by the Reserve Bank to cut interest rates next week or at a future date is likely to have the strongest impact on NSW home buyers, accordin... Read More -
Rate cut will encourage first-home buyers and investors: Mortgage Choice CEO Michael Russell
Despite the spate of headlines forecasting further property gloom, Mortgage Choice CEO Michael Russell says a record level of mortgage pre-approvals i... Read More -
ACCC gives CBA Count acquisition green light
The Australian Competition and Consumer Commission has decided it will not oppose Commonwealth Bank’s proposed acquisition of Count Financial Ltd, whi... Read More
