Mark Bona

The benefits of using a mortgage broker

There has been press recently concerning the benefits of using a mortgage broker when looking for home finance and car finance - yes, a mortgage broker will generally be able to assist you with your car finance as well as standard home finance and investm... Read >

Where are home finance interest rates heading?

The good news is that home finance interest rates are heading south! The Reserve bank of Australia like other banks around the world has been effectively reducing the cost of home finance by cutting the Official Cash Rate over the past few months. Austral... Read >

A mortgage broker can save you time and money.

In Australia many lenders rely on a mortgage broker or mortgage brokers to generate new business for them. Many Australian banks closed their branch offices during the late 1980s as they turned to technology and internet banking to grow their businesses. ... Read >

A mortgage broker is worth his weight in gold

I recently decided to refinance my home loan and my investment loan and it was suggested to me that there was little need for a mortgage broker because it was easier enough to go direct to a bank and apply for a loan. I thought that I would speak with my... Read >

Mortgage industry in Australia

I read an article recently that suggested that borrowers who use a mortgage broker pay more for their loan than if they go direct to the bank. It is extraordinary when this sort of poorly researched misinformation is published in a magazine. I have bee... Read >

Home finance interest rates getting lower by the day in Australia

First home buyers, investors and those looking to upgrade their property by way of home improvements or the purchase of a bigger home are all in a better position to do so than they were some six months ago when home finance interest rates were looking li... Read >

HOME FINANCE BENFITS FROM WORLDWIDE CREDIT CRUNCH

There are not too many benefits coming out of the world wide credit crisis, but one at least, is the reducing home finance interest rates that we are now experiencing in Australia. Home finance is becoming more affordable as the Reserve Bank of Australia ... Read >

Car finance becoming increasingly scarce in Australia

The world economic global crisis has had a huge and negative impact on the car finance industry in Australia because the major suppliers of car finance here have recently withdrawn from the car finance market. GE Money and GMAC who are believed to have h... Read >

A new car loan from the dealer is not always the best choice for your new car finance

When purchasing a new car it is always very easy to be swept away in the excitement of it all and want to take delivery as quickly as possible. To do this it is simply a matter of agreeing on the price of your new car and signing the necessary documents f... Read >

Found the perfect new car – now find the perfect new car loan!

If you are lucky enough to be looking for a new car then make sure that before signing up for the new car and the new car finance you check out the price competitiveness and the options available for a new car loan. While most buyers believe they are ... Read >

What to look for in a mortgage broker

I recently needed the services of a mortgage broker and decided to check out the best way of going about finding a reputable one. Here are some tips: • If you want to track down a good mortgage broker ask your friends if they have had any dealings with... Read >

A cheap home loan may not necessarily be the best one for you

I was at a BBQ on the weekend and a borrower friend was telling me about this terrific home loan finance he had just arranged through a mortgage broker. Another mate said that he didn't see the need to use a mortgage broker because he simply applied direc... Read >

Cheap Home Loans are still out there – speak to a mortgage broker for the best deal!

Recent surveys of those borrowers who use a mortgage broker to find them a cheap home loan, a more flexible home loan or new car finance show that around 95% of them are extremely happy with the service offered by the mortgage broker or lease broker. As a... Read >

Looking for a new car loan in Australia – then use a broker

Quite often when you are looking to buy a new car, the dealership will put considerable pressure on you to sign up for the finance with them. This was my experience recently when I purchased a new car. It would certainly have been more convenient to simpl... Read >

Looking for a new car loan? Then look beyond the car yard!

Last weekend I was out looking to buy a new car - a Holden Calais 60th anniversary edition in fact. I had been to a few dealerships and finally made a decision to buy. The salesman asked whether I had pre-arranged a new car loan. I hadn't done so and as a... Read >