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The last increase in the Official Cash Rate by the Reserve Bank makes it even more important to shop around for home loans. Gold Coast Mortgage Broker FinancialPlus points out that not all lenders have increased their rates and this presents an ideal opportunity to shop around for the best deal. Lenders are competing for business and mortgage brokers are ideally placed to be able to source out better deals for clients.

Gold Coast Mortgage Broker – FinancialPlus – have provided the following details about First Home Buyer Activity in 2009.

Information released from RPD Data reveals that 191,000 people took advantage of the First Home Buyers Grant in 2009. Western Australia was the state with the highest take up. First Home buyers accounted for 26% of the purchases made by owner occupiers but this reduced to 15% of the purchases when investors are taken into account.

FinancialPlus is able to assist not only First Home Buyers but anyone looking for help with a home loan – regardless of whether it is for refinancing or to purchase a property and can be contacted on 5564 5903.