More and more people are looking at their traditional mortgage and refinancing it at a better rate with far better conditions and benefits attached.

The banks have dominated this area for years, they had the ability to stand over you, charge huge unexplainable fees and insist that all your banking be done with them. Times do change, this time for the better.

A new mortgage market has opened with not only lower rates but lower fees and much more flexibility.

There are lenders who will:

• Rebate the entire establishment on settlement.
• Pay all their own legal fees.
• Pay your valuation fees.
• Pay for any mortgage stamp duty.
• No cost Re-Draw Facility.

The only amount you have to pay is the small sum for disbursements and your own legals. So for a few hundred dollars you will end up saving thousands off your mortgage.

It is now time we all looked at our own mortgage and decide if it is better to remain with the bank or take advantage of the lower rates available to us.