What home loan interest rate are you paying? Do you know if you can get a better deal?  Talk to a mortgage broker Gold Coast to find out what your options are. 

Mortgage interest rates have fallen considerably in recent months.  Now, thousands of home owners are debating whether to fix their rate or stick with a variable rate home loan.  The problem home owners face is trying to predict what interest rates are going to do over the coming months or years.  Researching what rate cycle we are in, and what the economy is doing is a good start. 

In June the Reserve Bank of Australia left official interest rates on hold, ending a run of monthly cuts, which started in September last year.  This move has got many people wondering if this is the end of the rate cut cycle, and whether rates will now start to rise. 

Some mortgage experts are wary of the rush to fix, and believe variable rates might fall further, while fixed rates have jumped by at least 1 per cent over the past two months.  Many economists are still predicting further cuts, and say this is not the end of the cycle, simply a rest.  The RBA wants to consider recent economic data and assess where the Australian economy is heading.  It may well cut official rates again in coming months, however any further cuts are likely to be small.

Banks do not have to cut their home loan rates in line with the RBA.  However, most official rate cuts in the past 8 months have been followed by cuts to mortgage rates.  Not all the savings have been passed on to customers though, and the last rate cut of 25 basis points in April resulted in only a handful of lenders passing on cuts of 10 basis points, keeping the rest for themselves.

The best way to find out about interest rates, and which home loan is best for you, is to talk to a Local Gold Coast Mortgage Broker.  We offer professional, independent advice about your home loan choices, and all of our mortgage brokers are highly trained with years of experience. 

We pride ourselves in matching the best loan to each client, and we carefully consider your personal circumstances first, before recommending any home loan products.  It's only once we fully understand your property needs, goals and dreams that we suggest products for you.  We are independent, therefore not influenced by commissions offered by lenders, and any commissions we do receive are fully disclosed to you along the way.

Our panel of lenders offers hundreds of home loan products, each one designed for different people.  We match the right home loan to you.  You can then rest easy knowing that the choices you make are the right ones, and your mortgage is working for you.

Call us today and talk to a local mortgage broker in your area.  Simply call 1300 787 665 or fill out the form on line.