Looking for Mortgage in Australia

Interest rates can be high in Australia what it come to mortgage loans.¬†However, it is normal for home purchases to be funded by a mortgage loan. Few individuals have enough savings or liquid funds to enable them to purchase without loan. In countries where the demand for¬†home ownership is highest, strong markets for mortgages exists. Mortgages can either be funded through the banking sector, or through the capital markets through a process called “securitization” which converts pools of mortgages into fungible bonds that can be sold to investors in small denominations.

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