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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. The search results do not include all provider sand may not compare all features relevant to you, for further details refer to our FSCG. The rating shown is only one factor to take into account when considering these products. See the rating methodology 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 Quote

Prepare yourself before visiting a lender – conduct a home loan quote online.

In April 2009 ABS data reported that Australian’s had taken out 60,395 home loans with a median loan amount of $265,000. In tough economic conditions it pays to compare the lowest mortgage rates on the market to bridge the gap between savings and spending.

Whilst brand loyalty may still be a contributing factor to the decision making process don’t forget about the non-banks, such as credit unions and building societies which continue to offer competitive rates.

When getting a quote on how much you can borrow check to see if you are allowed to make additional lump sum repayments without penalties. Having the option to pay weekly, fortnightly or monthly can aid in the total interest you will need to pay over the life of your loan, so consider all features of a mortgage product to make sure it’s the right one for you.

Related Link: Compare Home Loans

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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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