To arrange a time with our Loan Market broker, John Paine, please call Ray White Toronto on 4959 6577.
See below comment from Sam White – Executive Chairman of Loan Mark
Ensuring Your Client Gets the Right Deal
Recent statistics from Loan Market’s call centre show that the number one product our brokers are receiving enquiries about is the three-year fixed rate loan.
While people are not necessarily going ahead and locking in a new fixed rate loan, we can see that they’re definitely more active at the moment in seeking the best deal they can obtain – spurred by latest official rate increase by the Reserve Bank of Australia and the subsequent hikes by the banks.
The second most popular product enquiry is for basic variable rates, with mortgage holders interested in the different rates with various lenders. There is as much as 1.2 per cent difference between the variable home mortgage rates currently on offer. There is also a lot of interest in honeymoon variable rates and professional packages.
Importantly for your clients, there are a number of special home finance deals with limited time periods available now which many people outside the industry may not be aware of.
Your local Loan Market mortgage broker can ensure your clients get the most competitive deal – that way they’ll also know exactly how much they can afford to spend on their next property purchase.
You may be surprised to find out how much borrowing capacity difference there is between lenders.