Priority Lending Online

Priority Lending mortgage brokers can now be found in a number of online directories. You can find Priority Lending on the Sydney Business Directory making it even easier for home buyers to get in touch with expert mortgage brokers in their local area. Mortgage calculator tools also make planning for the purchase of your new…

Majors to Keep Rates Power Dry: Survey

Mr Smith said although the Bank of Queensland lifted its standard variable interest rates yesterday by 10 basis points it had been one of the few lenders not to increase mortgage rates in February. “The majority of our brokers believe the major banks will leave their rates alone this month,” he said. Mr Smith said…

Rate Hold Reflects Stable Local Economy

The Reserve Bank of Australia (RBA) keeping official interest rates on hold reflects the stable domestic economic environment, says leading mortgage broker Priority Lending. Priority Lending Corporate Spokesman Paul Smith said today’s decision by the central bank’s board was no surprise as most economists had expected the RBA to leave the cash rate at 4.25 per cent.…

How Much Can I Borrow?

One of the most frequently asked questions by home buyers is how much can I borrow? With the many mortgage calculator tools available to home buyers getting an indication of your borrowing power or how much you can borrow has never been so simple. Using free home loan calculator tools will help you assess your borrowing power and…

Home Loans for Renovation on Hold

Home owners have been putting plans to renovate their properties on the backburner as they focus on saving or reducing debt, according to leading mortgage broker Priority Lending. Priority Lending Corporate Spokesman Paul Smith said Australian Bureau of Statistics (ABS) data show while there was a rise in home loan customers refinancing in 2011, the value of…

First Home Buyers Defy Slump Forecast

First home buyers are still a force in New South Wales despite predictions of a drop off in activity following the loss of major stamp duty concessions, according to leading mortgage broker Priority Lending. Priority Lending Corporate Spokesman Paul Smith said the end of the first home buyer stamp duty concessions in NSW for properties…

Pressure is on Smaller Lenders in 2012

Banks have increased their dominance of the home finance market during 2011 as most other lenders saw their share of the business fall significantly, says leading mortgage broker Priority Lending. Priority Lending Corporate Spokesperson Paul Smith said the latest official home loan approval figures for December, 2011, from the Australian Bureau of Statistics (ABS) showed…

Gen Y Jitters Over Europe: Survey

Generation Y are more anxious than the rest of the population over the direction of the global economy and the European debt crisis, a national survey by leading mortgage broker Priority Lending has found. The Priority Lending poll which asked “What most influences your level of confidence around making financial decisions in 2012?’ found 74…