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Non-bank lenders have as good a capability as the majors to provide some very interesting fixed rate options for borrowers, Mortgage Ezy has said.
Following the release today of a new discounted three year fixed rate, head of sales Chris Wisbey said taking a more aggressive approach on its fixed rate options is something Mortgage Ezy believes will add value to its broker partners.
"Mortgage Ezy traditionally has focussed on delivering competitive variable rate solutions," he said.
"However, we have taken some decisive steps branching into niches like SMSF and non-resident lending throughout 2011."
The new fixed rate will start from 6.69%, and is available through the Mortgage Ezy national broker partner channel.
The maximum LVR is 95% plus capitalisation for purchases and 90% for refinances, and it has no ongoing annual fees.
It includes both an upfront and trail.
ASIC slaps life ban on Sydney director - ASIC has permanently banned a Sydney director from providing financial services after an investigation found she had engaged in misleading and deceptive conduct.
Too little too late, says online lender as CHOICE's Big Bank Switch raises eyebrows - While consumer watchdog CHOICE is calling it an Australian first, at least one alternate mortgage provider says by now the so-called Big Bank Switch is well underway already in the Australian market, with consumers long benefiting from the competition provided by online lenders.
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