Thursday, November 5, 2009

Credit Interest Down, Mortgage Demand Increasing

Trimming interest hoist the demand for home ownership credit (KPR). Bankers optimistic, the distribution of mortgages will grow rapidly in the fourth quarter. Some banks claim mortgage applications flooded early third quarter.

Mortgage demand surge experienced by one of PT Bank Permata Tbk. "Crawl up from July until now," said Rosalia Abadi, Head Mortgage PT Bank Permata, Wednesday (28/10). Channeling Mortgage Bank Permata has reached Rp 5.5 trillion as of end of September.

Rosalia added, demand began to increase after the Bank Permata cut . "Cutting rates to lure customers to invest in property," he said.

A little story about the mortgage

When you think of mortgages that enable thousands of people to acquire homes every year, you are thinking of the Benchmark Lending group which has provided much needed finances to get new homes or refinance the existing homes to many families for over ten years. They offer tailor made mortgages to suit the needs of customers ensuring that you can afford it. They make this happen by considering the cash flow of every customer. They also consider the repayment period, investment opportunities and your equity plans. The Benchmark lending group was founded by Barney Aldridge in 1995 as a primary mortgage lending bank and it continues to grow. Customers can expect no hassles and there are no middlemen. The headquarters are located in Northern California and their culture is to provide a good service with dedication and passion.