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Solutions Not Excuses

  • Ty Middleton

  • Ty Middleton

    I am a Professional Finance Broker working for you to find a soultion to you finance needs. I hold acreditation with over 20 lenders giving access to huge range of products that may suit your requirements.

    My qualifications include
    Diploma in Financial Services(Mortgage Broking)
    Diploma of Management.
    Certificate IV in Frontline Management
    Advanced Diploma in Aircraft Maintenance Engineering.

    Sieze the day and seek Solutions Not Excuses.

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Bank News Watch 12/04/2010 Refinancing out of Big 4 on the rise.

Posted by Ty Middleton on 12/04/2010

Who’s your home loan lender?……and are they looking after your cash flow.  Call me for a Home Loan Health check, obligation free.

Not only is there an increase in borrowers refinancing out of loans from the Big Four, but it comes with a fresh demand for capped interest rate loans. These observations support newly-released AFG Mortgage Index data that found a peak in refinancing activity of 37.2% last month – a two-year high. 

The data also found an increase in lending market share by the non-majors. observations indicate up-trends in refinance activity, with an increasing number of applications from borrowers moving away from the four major banks. There had also been an increased in capped interest rate enquiries.

This entry was posted on 12/04/2010 at 11:14 am and is filed under Bank News Watch, First Home Buyer Watch, Home Loans, Investor Watch. Tagged: , , , , . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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