Mortgage broker

Mortgage rates across the lender spectrum are still varied and continue to go up and down like a yoyo! While some lenders increase their rates across a loan-to-value sector another lender will bring them down. This is typical of the market as lenders either increase or decrease their products to attract or deter customers. Why, service levels! Service levels are paramount to lenders and therefore depending on their current activity levels they will manipulate not only their rates but their credit score card. By either tightening or relaxing their score card it will again let more or less customers through their underwriting and affordability model.
This is where mortgage brokers come into their own. A good mortgage broker will scan the market to see who is doing what and therefore which lender should help you in achieving a mortgage.