Fixing your home loan before interest rates surge
Mortgage rates are beginning to rise after the Reserve Bank ended its emergency settings and may continue to do so once the RBA increases the cash rate. Among homeowners and potential home buyers, there’s a growing apprehension about finding a better deal before lenders can raise their pricing on fixed rates.
Our principal Michael Brown spoke to Sydney Morning Herald about how these rate increases are affecting borrowers and what they can do to ensure they’re still in a good position with their mortgage. Read the article here.
If you’ve worried about your mortgage and want to consider different loan options, contact us at Mortgage Broker Sydney today and we can help you find a better deal that matches your financial situation.
Author: Marc Barlow
Role/Position: Director, Mortgage Broker Sydney
Marc has been a professional lender for 28 years. After beginning his career in 1990 with a UK Building Society, he moved to Australia where he held several different retail banking roles. In 1999 it became clear to him that a mortgage broker would eventually become an obvious choice for someone looking for a home loan so he took the plunge and became an independent broker. He hasn’t looked back since!
