The consumer response to the latest interest rate cut by the Reserve Bank of Australia (RBA) has been modest and further stimulus is needed, says leading mortgage broker Priority Lending. Priority Lending Corporate Spokesman Paul Smith said the RBA lowering its cash rate on May 1 by a half percentage point to 3.75 per cent…
Leading independently owned retail mortgage broker Priority Lending is launching a year long national television campaign this weekend with brokers as the stars. Australia’s largest independently owned retail mortgage broker will feature two television commercials as well as a series of market updates to run during news segments. Priority Lending Executive Chairman Sam White said…
Do you feel that you may never pay off your current home loan? We have five quick tips on reducing the size of your mortgage. The faster you can pay it off the sooner you will have more funds available to improve your lifestyle or save for that well-earned retirement. Offset Account: If you keep your…
The first quarter of 2012 has seen a welcome improvement in the number of home loan approvals nationwide with the recent reduction in interest rates set to further boost the sector, says leading mortgage broker Priority Lending. Priority Lending corporate spokesperson Paul Smith said the latest Australian Bureau of Statistics (ABS) figures for March, 2012,…
Leading independently owned retail mortgage broker Priority Lending is launching a national campaign this weekend aimed at bolstering the company’s independent advantage for consumers looking for a home loan. Priority Lending Corporate Spokesperson Paul Smith said going to a mortgage broker is almost always better than just relying on a bank for a home loan.…
Most home loan customers are planning to use the latest reduction in interest rates to increase their mortgage repayments, a national survey has found. The Priority Lending poll which asked “How will you take advantage of the May interest rate reduction?’ found 57 per cent said they would be using the extra money to boost…
The major banks are unlikely to pass on the whole cut in official interest rates by the Reserve Bank of Australia (RBA) but should provide a significant cut, according to a survey by leading mortgage broker Priority Lending Priority Lending Corporate Spokesman Paul Smith said a survey of the company’s mortgage brokers found just eight…
Struggling sectors of the economy and home owners battling cost of living increases will be satisfied the Reserve Bank of Australia (RBA) has finally offered some interest rate relief, says leading mortgage broker Priority Lending. Priority Lending Corporate Spokesman said the RBA lowering its cash rate by half a percentage point to 3.75 per cent…
Most home loan customers are counting on the Reserve Bank of Australia (RBA) to lower official interest rates today at its May monthly meeting, a survey has found. The Priority Lending poll which asked “What action do you expect the RBA to take at its next meeting in May?’ found 88 per cent believed there…