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This is an information service. By browsing on the website and/or using our search tools, you are asking RateCity to provide you with information about Home Loans from multiple financial institutions. We will try to show you a range of products in response to your request for information. We are not a credit provider, and in giving you product information we are not making any suggestion or recommendation to you about a particular credit product. If you decide to apply for a Home Loan, you will deal directly with a financial institution, and not with RateCity.

Home Loan Guarantee

The Federal Government followed many developed nations by introducing a home loan guarantee during the global financial crisis. The home loan guarantee was set up to protect borrowers from the worry of their lender collapsing by the government financially backing the financial institution if it was in trouble. It also helped lenders acquire funding because offshore investment vehicles could rely on the assurance of the home loan guarantee. This helped prevent an increase in interest rates and bigger restrictions on lending criteria. The home loan guarantee is a temporary support set up to be in place only while the worlda??s financial markets are volatile.

Find the best variable rate home loans from the table below, or visit our home loans page for more great offers.

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About Mortgages Articles

RateCity provides mortgage news and features, including a range of weekly stories and economic updates. By checking our mortgage news and features daily, you can ensure that you receive up to date, expert commentary on current financial and economic issues. Before you search, compare or apply for the best mortgage for you, help yourself understand the market by reading mortgage news and features at RateCity.

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