Interest rates on home loan products may vary between lenders depending on loan packages and special offers available. When buying a new home it’s important to compare home loan interest rates to ensure you are getting a competitive deal.
Priority Lending mortgage brokers understand the importance of comparing home loan options and can help you choose a home loan with a competitive interest rate, flexibility and loan extras.
In our Article Interest Rates, Understanding the Numbers we discussed the importance of keeping up-to-date with changes in interest rates by talking to your local mortgage broker about special home loan offers and current interest rates in Australia.
When comparing home loan interest rates your Priority Lending mortgage broker will help you determine exactly how much you will be paying in interest on an annual and monthly basis.
Consider ‘no-frills’ or ‘basic’ products that have fewer features than fully optioned home loans but are priced at around 0.5% – 0.7%* below standard variable rates. The savings within the fist few years alone are substantial.
As well as offering convenient home visits Priority Lending offers 150 retail shops operating across Australia. Your local mortgage broker can also assist you with buying your first home, investing in property, commercial and business finance, along with leasing and personal loans.
If you are interested in purchasing property, talk to a Priority Lending mortgage broker, about your home loan options today.
*Rates and discounts are used as examples only and may vary from lender to lender. Talk to your accountant and mortgage broker when considering home loan options.
Source: Priority Lending
