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It Pays To Do The Sums On Mortgage Offset Accounts

30 October 2000

Mortgage offset accounts can cost money instead of providing savings, because you often pay a higher interest rate for the feature. Many homebuyers, particularly those on low to middle incomes, are not getting value for money with these loans, according to research by online mortgage broker iSay.. read full story

Borrowers Never Had So Many Options ... But Be Wary

9 October 2000

THE range of choice available to people looking for housing finance today has never been greater. The days of banks controlling the market are long gone, as non-bank lenders and mortgage brokers have entered the field. The end result is a more competitive market where mortgages can be tailored to me.. read full story

Loans Not Set In Brick

9 October 2000

HOME-LOAN borrowers should be doing some serious soul-searching to determine whether the rising interest rates of the past year means they still have the best mortgage to suit their particular financial needs, says the online mortgage broking firm E-Loan. A spokesperson says: ``Unlike the past, .. read full story

Wizard Leads New Wave Of Financial Competition

9 October 2000

ONE of the leading non-bank lenders, Wizard, is typical of its breed - brash, aggressive and totally customer focused. Since opening its doors in Sydney in 1996, the company has steadily expanded throughout New South Wales, Queensland and Victoria to provide an integrated service accessible via s.. read full story