Finance News – September 2011

How’s your Mortgage?

There have been lots of changes in the finance industry over the last few months. Are you up to date with rates, fees, charges and the new rules regarding discharge fee bans?

Looks like rates are on the way down, as many banks are rapidly reducing their fixed rates (for example, 6.34% fixed for 2 years).  This is usually followed by lowering of variable rates. A quick assessment of your current position with a mortgage broker can make sure you are taking advantage of the new rates environment. New government regulation in regards to switching make it easier and cheaper to change banks if you can get a better deal somewhere other than your current bank.

If you are not sure if or how any of the above may apply to you, an obligation free assessment with a mortgage broker will show you any potential savings. Mortgage broker services are free of charge.

Call Dan goodridge on 0414423340 or or e-mail at Mercia Finance  if you require any type of finance information.

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