With interest rates at historic lows many people are tempted to apply for mortgages where the interest is charged at a fixed rate for the first 6 months to 3 years. The advantage of such mortgages is that if the OCR were to be raised during the initial period of the loan, the repayments would remain the same. This could result in a significant saving for new property owners and in some cases, the lower repayments could help buyers to avoid defaulting. We can arrange for you to meet a local consultant who specialises in fixed rate loans if you would like to find out more.
Selectabroker offers a free service to prospective property buyers across Australia and only deals with highly professional consultants so you can rest assured that any advice you receive will be accurate and unbiased. After letting us know what your financing needs are, we will search our database of specialists and recommend one in your area that is capable of providing you with the help and assistance you require. There is no obligation involved and you are sure to benefit from the professional advice that a fixed rate loans specialist is able to provide.