Mortgagebroker : Australia's First Comprehensive Mortgage Broker Directory

Have you ever wondered what a mortgage broker is?  Read on to find out......

Mortgage brokers are consumer advocates in the home loan selection process, helping home buyers to pre-qualify, select a home loan, and complete the required documents.  They follow the purchase or refinance through to settlement providing a smooth and convenient transaction.

By linking with banks, other financial institutions and private lenders, mortgage brokers offer consumers access to a wide range of home loan choices as they select the right mortgage for their needs.

Consumers receive an expert mentor to lead them through the complex home loan lending process.  Mortgage brokers offer the Australian consumer the convenience of extensive choices and access to affordable home loans while balancing the consumers financial interests and goals.

What do you think? Could you use the services of a Mortgage Broker to organise your home loan. Select a professional mortgage broker in your immediate area.

You wont regret it!

Stamp duty could soon be a thing of the past for NSW homebuyers after the State Government announced its decision to abolish it altogether if a federal review of tax recommends it be scrapped.

The news was received with cautionary approval by the Real Estate Institute (REINSW).

REINSW President Steve Martin said that while it is a great step forward, there is no reason why Mr Costa and Mr Iemma can't act now and abolish it today.

"The reality is that the review of taxation will not be completed for at least 18 months, by which time even further damage will have been inflicted on the NSW property market.

"If Michael Costa believes that stamp duty should go, then he should act now and get rid of it today.

"It is now vital that taxpayers, homeowners and the property sector keep the Iemma Government to that promise.

"This is the first time that the NSW Government has even indicated it is considering removing one of the taxes which is crippling investment in the property sector.

"The current rental crisis is the clear result of a flagging investment environment caused by the twin disincentives of land tax and stamp duty.

"The time for action is well and truly here," Mr Martin said.