There is one fundamental mistake consumers are making when shopping for a home loan; and that is the obsession with the mortgage rate set by the Reserve Bank of Australia.
It is becoming more and more obvious to Cooper Financial Connections that the banks are only interested in seeking new customers and not looking after their already exisitng client base.
Peter Cooper, director of Cooper Financial Connections says “There are many factors to take into consideration when shopping for a home loan or refinancing but these factors are being overshadowed by the perceived importance of interest rates in Australian media.”
Peter Cooper was recently interviewed by the Courier Mail for his take on the current mortgage market and how the public can become mortgage savvy and be aware of all the factors when considering your financial options.
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