Friday, May 18th, 2012 - Your Mortgage Magazine
Getting a mortgage may be just one item on the to-do list when buying a house, but it is an important one. Selecting the right mortgage could save you thousands of dollars over the term of your loan but with thousands of products available on the market, prospective home buyers are faced with the daunting task of trying to compare them all – which is both confusing and time consuming.

For anyone looking to take out a mortgage in the near future, the release of Your Mortgage magazine’s much-anticipated 20th annual Mortgage of the Year Awards issue will be welcome news. This special edition of Your Mortgage magazine showcases the best home loans in Australia for first homebuyers, refinancers and property investors, to help prospective buyers find the ideal loan for their situation.

Your Mortgage editor Tim McIntyre said competition was fierce in all categories this year.

“We compared over 1,000 mortgage products to find the best loans from banks, non-bank lenders, and building societies and credit unions,” said McIntyre. “The market is currently flooded with products tailored to the circumstances of almost any individual, which makes competition for business fierce and customer friendly, even more so as RBA rate cuts begin to filter down.”

Proof that the big banks aren’t always the best, this year’s Mortgage of the Year winner was State Custodians’ Standard Variable Home Loan. This product also rated the best overall in the first homebuyer category, winning State Custodians the title of Non-Bank Lender of the Year as well.

The latest issue of Your Mortgage magazine contains the full list of winners and detailed information about the products to assist prospective homebuyers select the best loan for their needs.

“Choosing a mortgage is a big part of buying a property, and Your Mortgage magazine’s impartial assessment of the range available in the market makes it easier for Australians who are looking to finance the purchase of their next home,” said McIntyre. “Of course, the RBA rate cut announcement earlier this month will affect interest rates so visit the Your Mortgage website (www.yourmortgage.com.au) for the most up to date rates information.”

To find out more about Australia’s best home loans, and for 160 pages of tips on buying your first home, refinancing and investing in property, pick up a copy of Your Mortgage on sale now at your local newsagent or online at www.yourmortgage.com.au.

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Your Mortgage Magazine


The Mortgage of the Year issue of Your Mortgage magazine features the results of the most comprehensive and independent assessment of all current mortgage products in Australia. It showcases the best Mortgage of the Year and the winners of specific categories such as Best New Mortgage Product, Best Loan for First Homebuyers and Best Loan for Investors.

In addition, this special issue of Your Mortgage also feature the nuts and bolts of selecting the right mortgage, top refinancing tips and how to access your equity and start a property investment portfolio.
Anna Keane
P: 02 8437 4784
W: www.yourmortgage.com.au

Keywords

Your Mortgage Magazine, Mortgage of the Year Awards, Yourmortgage.com.au, home loan, first homebuyer, property investor, interest rates, refinancing, mortgage

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