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Hello,
There are many reasons for using a mortgage broker like personal service and expert advice.
Without blowing our own trumpet, weve highlighted some of these benefits, including an industry survey that shows homeowners believe good advice is the key to choosing a home loan (see 'Broker Benefits).
A mortgage broker can also prove a worthwhile asset in getting your loan approved. In our lead article we look at how the credit crunch has made many lenders tighten their belts and get tougher on credit applications.
Our article 'A recipe for Investment provides some encouraging statistics about entering the home buyer market. The recently announced full percentage point cut in interest rates by the Reserve Bank is expected to further stimulate the market.
With Christmas fast approaching we have also included an article on 'Smart Xmas Spending - how to survive financially this festive season.
Enjoy this newsletter and feel free to pass it on to family and friends.
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Level 7, 44 Miller Street
North Sydney NSW 2060| Tel: | (02) 9955 0090 | | Fax: | (02) 9955 4021 |
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Lenders Tighten their Belts
One of the fallouts in Australia from the global credit crisis may be that home loans will become harder to get.
Many lenders are tightening their lending criteria to protect their loan books against the difficulties they now face in raising capital.
Read More >>
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A Recipe for Investment
Sky-high rents and declining interest rates may make a good recipe for property investment.
Although there's much talk of a declining housing market, many analysts believe there's money to be made from property if you choose your investment wisely.
A shortage of housing has pushed rents up to levels not seen in almost two decades.
Read More >>
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Smart Xmas Spending
Spend big in the lead up to Christmas then pay for it in the New Year. It's an all too common habit that many of us fall into, leaving us in serious debt by the time January rolls around and should be avoided.
Read More >>
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Broker Benefits
Good advice is critical when selecting a home loan, according to a recent survey of Australian home-owners.
The survey, conducted by CPA Australia, has found that 94 percent of respondents agree getting good advice is the key to securing a successful home loan arrangement.
Read More >>
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Mortgage & Finance Association of Australia
We are members of the MFAA, the peak industry body. All members are bound by a strict code of ethics to ensure the highest levels of service, integrity and professionalism.
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About Us
PAX Mortgages was established in 2002 by Duncan Johnston. Duncan has spent his entire career in the banking and finance industry, having spent 12 years at the Commonwealth Bank working with all aspects of consumer and commercial lending solutions. Duncan's last role at the Commonwealth Bank was as a Senior Relationship Executive where he managed a portfolio of private clients requiring lending facilities of up to $20 million.
No two loans are the same. Duncan's experience gives him the capability to offer you the best advice and tailor a mortgage solution for your individual needs.
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Disclaimer: This newsletter is intended to provide general news and information only. Readers should rely on their own enquiries before making any decisions regarding their own interests. Please do not rely on any part of this newsletter as a substitute for specific legal or financial advice. All material is copyright 2010.
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