Posts by Spiro • Home Renovation & Building Forum

Spiro

Melbourne

Joined 9 December 2009

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Spiro

9 December 2009

Re: Westpac's Variable Rate Increase; Will others follow?Home Finance

Dec 09, 2009 6:25 pm

What we are saying here is the result of a lack of competition and some lenders using this as an opportunity to protect or regain home loan profit margins that have shrunk over the past 10 or so years. As for how far interest rates will rise it is hard to guess. There are some many variables that im...

What we are saying here is the result of a lack of competition and some lenders using this as an opportunity to protect ...

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Spiro

9 December 2009

Re: Mortgage BrokersHome Finance

Dec 09, 2009 6:16 pm

A broker has the option of multiple institutions as well as knowing/understanding the policies each institution has to better benefit you. In theory the broker would have the knowing/understanding of the policies but in my experience the broker we had didn't seem to have a clue so we dumped him. I ...

In theory the broker would have the knowing/understanding of the policies but in my experience the broker we had didn't...

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