Home Loans Australia

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Is the home loan honeymoon period over?

Mortgage rates are on the rise but smart buyers are shopping around for a better deal.

The big four banks have officially raised rates on home loans, signaling the end of the honeymoon period for first-time home buyers. However, all is not lost, because Aussies hoping to get into the property market still have one trick up their sleeve.  

To find a great deal on your mortgage without spending hours on the phone, prospective home buyers can visit HomeLoansAustralia.com.au. Interest rates are on the rise but competition is still thriving, which means you can still find an affordable mortgage—if you know where to look.

Here’s How You Do It:

Step 1: Select your type of property below.
Step 2: After answering a few questions, you will have the opportunity to compare quotes in your area and could be eligible for significant savings.

Home Loans Australia is an online service designed to help homeowners save money, whether you’re buying a home for the first time or looking for a lower interest rate before it’s too late.

If you’re buying property for the first time, the sheer number of lenders on the market can be overwhelming. It may be easier to simply go with a brand name you’re familiar with, but that could be a costly decision.

A fraction of a percentage point may seem insignificant, but it can translate into paying much more over the life of your loan. When you take a few minutes to shop around for the best deal from the beginning, you’re doing yourself a favour.

Thanks to sophisticated search technology, it really does only take a few minutes to get a free quote on your home loan. After you get your quote, a short phone call with an expert property advisor can help you make an educated decision on which mortgage lender you prefer. There’s no need to stress over whether or not you’re getting a good deal, because you know you did the research.

As rates go up, many first time buyers are tempted to wait it out, hoping that prices will eventually cycle back down. Unfortunately, this strategy could lead to paying even higher prices down the line.

The housing market has been sitting on rock bottom interest rates for quite some time, and these recent rate hikes are likely to be the start of a steady upward climb. By acting now you can lock in a lower rate before your dreams of owning a home are truly out of reach.

Contact Home Loans Australia today to learn more about your home loan options, including which lenders are offering the best rates for your situation. Remember that the earlier you start, the more you are likely to save.

Get Started Now:

Step 1: Select your state below.
Step 2: After answering a few questions, you will have the opportunity to compare quotes in your area and could be eligible for significant savings.

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