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Finance NewslettersMarket OutlookMercia's Mortgage Brokers Have you checked your home or investment loan recently? Rates are all over the place – variable rates going up – fixed rates going up Want to save interest, but not confident to fix your rate? A new product from Bankwest may be the answer for you. Its a capped rate. You get the benefit of a low variable rate and the benefit of a interest rate cap. ( variable rate of 5.65% currently capped at 7.5% until 10/11/2012) this is available for investors and owner occupiers. Details of this and other loans and their Terms and Conditions are available from your Mercia Mortgage Broker. If you or anyone you know are suffering “mortgage stress” do something about it now! If a borrower gets behind or is late with a payment the options to restructure/refinance are diminished. Don’t be afraid to ask for help. Remember that Mercia finance brokers can assist you with car loans, home loans, Lo-Doc home loans for the self employed, construction loans and any other type of mortgage or loan. Our service is free of charge to you the borrower and we have access to all the major lenders in WA. We also can help you with reverse mortgages. A Mercia Mortgage broker can give you independent advice and comparisons between all the major lenders. All these services are provided by our friendly and professional mortgage brokers at no cost to you – so you have nothing to lose and everything to gain. If you would like to speak to a broker, call Dan Goodridge on 0414 423 340 or e-mail dg@iinet.net.au .
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