Thursday, January 06, 2005

Mortgage broker information

Mortgage broker information:
"See the Home Loan Club if you are looking for a -
mortgage broker sydney
mortgage broker melbourne
mortgage broker brisbane
mortgage broker adelaide
mortgage broker perth
mortgage broker canberra
mortgage broker hobart "

Basic Variable Rate Home Loan

Basic Variable Rate Home Loan Information: "Basic Variable Rate Loans
in Australia


StandardVariable rate loans offer flexibility, low fees and moderate interest rates. With a Basic Variable Rate Loan you generally trade flexibility and low fees for a slightly lower interest rate.

Less important now that Australian interest rates are rising again is that if there is a reduction in official interest rates, your repayments also reduce.

Other useful features can include a redraw facility, direct salary crediting, portability and repayment options. Most Basic Variable Loans do not include offset accounts or a split loan facility. Account keeping fees are usually higher than Standard Variable Loans and so are Redraw fees. "