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.
Michael began his career in the finance industry over 35 years ago. He progressed through the ranks at the CBA in both retail and corporate lending, culminating in a senior position as a Corporate Relationship Executive. His decision to leave the bank in 2003 to become an independent mortgage broker was driven by his desire to assist everyday customers break through the jargon of the banking world and access the best loan products in the market. His experience is wide-ranging from helping first time buyers to large commercial enterprises. What Michael doesn’t know about home loans, simply isn’t worth knowing!