Home News How to pick the right home loan -Factors to consider when choosing a mortgage

How to pick the right home loan -Factors to consider when choosing a mortgage

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If a loan has a very low interest rate, the chances are the fee structure is high. Similarly, if there are lots of features attached to the loan, you will usually pay for them via higher interest rates or more fees.

Michael Tsoa-Lee, director with Mates Rates Mortgages, believes structure is the first thing to get right before you choose your rate or lender.

For the complete story and analysis, check out the latest issue of Your Mortgage out on sale now.

With interest rates at their lowest for more than 50 years, there are some great rates available. The best thing to do is to compare rates from all the lenders. Let us help take the leg work out of doing this - Compare Home Loans now

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