Finance Newsletter – October 2012

Good news for all borrowers – lower variable rates. Use this opportunity to speak with a mortgage broker to ensure your bank is passing on the full 0.25% discount and that you have the best loan for your circumstances.

Some banks are  currently offering great discounts  on home and investment loans.

Thinking about taking advantage of the current low fixed rates? The current low variable rates mean low fixed rates too. Rather than just get a variable discount for a short time, why not look at fixing at a low rate. There are fixed rates as low as 5.42% for 3 years. The current low variables may not last for long – so you may want to lock in the savings for up to 3 years. Not sure how it all works. A mortgage broker and explain it to you.

There are many benefits of using a mortgage broker and our services are provided to the borrower free of charge.

Call Dan Goodridge on 0414 423 340 or e-mail at Mercia Finance for obligation free finance information.

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