Mortgage Choice Launches Its First Two Infographics

Mortgage Choice (ASX:MOC), Australia's largest independently-owned mortgage broker, has just launched its first two home loans-related infographics to help consumers who are confused about the ins and outs of interest rates and refinancing.

Infographics are visual representations of complex information, data or knowledge presented in a concise, easy-to-digest manner. These 'visual shorthand' images were created over a couple of months and now reside on the broker's website.

Company spokesperson Kristy Sheppard said, "'Interest rates' and 'refinancing' are two of the most commonly searched terms on the Mortgage Choice website."

"We created infographics about these important topics to cater to people who find it easier to absorb information through pictures. It saves them having to translate lengthy paragraphs of jargon-filled text.

"Mortgage Choice is delighted to be able to assist in removing the confusion around these two home loans-related topics frequently discussed in the media that so few people fully understand.

"Our newly created images will help satisfy consumers' eagerness to learn about these topics in way that doesn't intimidate or daunt the average Australian."

The refinance home loan infographics provides an overview of refinancing, explaining the nuts and bolts of doing so such as pitfalls to watch out for, different costs that might arise and the potential savings that can be made. It also contains useful insight and tips on what features to consider for homeowners wanting to refinance.

The interest rates infographics explains many of the factors influencing home loan interest rates. It illustrates the dynamics between key external factors and how these impact the cash rate, which in turn can potentially influence mortgage interest rates. Most importantly, it explains why different mortgage lenders have different rates.

About Mortgage Choice, Australia's largest independently-owned mortgage broker

Mortgage Choice has a national network of hundreds of franchises supported by Group and State Offices. Its loan consultants write one in every 25 home loans in Australia.

Mortgage Choice has no balance sheet or funding risk, and consistently delivers strong profits and attractive yields. Listed on the ASX in 2004 (MOC), it is a member of the Mortgage & Finance Association of Australia (MFAA).

Recent recognition: 2010, 2009, 2008, 2006 and 2005 MFAA Awards Retail Aggregator/Originator of the Year; No.1 on The Adviser magazine's 2010 and 2009 Top 25 Brokerages lists; 2010, 2009 and 2008 10 Thousand FEET Top 10 Franchise list; 2010 Forbes Asia-Pacific Best Under A Billion list; 2009 and 2008 BRW Fast Franchises list; 2009 Australian Banking & Finance Awards Best Financial Institution Employer; 2009 Great Place to Work® Institute Best Companies to Work For list.

For more information, call Mortgage Choice on 13 MORTGAGE. Or visit www.mortgagechoice.com.au, Facebook.com/HomeLoanCoach or Twitter.com/HomeLoanCoach.