Getting a Better Mortgage: Why Homeowners Don’t Bother

Thought you might be interested in the article Getting a Better Mortgage: Why Homeowners Don’t Bother and thought I’d share a few points with you here. I’ve found some relevant information here so if I find more, I’ll be sure to pass it on.

Considering the fact that interest rates have never been lower, allowing homeowners to save a pretty penny by making a lender switch, why the hell isn’t anyone doing it?

It really is amazing to think that 65% of Australian mortgage holders have never bothered enquiring about cheaper rates.

It might be just all too hard?

Trying to attempt this all by yourself may prove extremely difficult. Soften the blow with the help of a mortgage broker.

Without a broker, you won’t know what the bank has available outside of your home loan. You also won’t know if it’s possible to maintain a similar setup with the lender you’re thinking of switching to – It’s a broker’s job to research of all this for you.

But what about rates? Should I go for a fixed option?

Rates, rates, rates. This conversation topic must be starting to sound like a broken record by now, but providing advice about what you should do about it is relatively unnecessary – it’s very much dependant on your personal circumstances.

If you want to keep reading with any of that content, by all means, click here.. Please feel free to contact me on (07) 3491 8883 or email at  tony@2020co.com.au for any thoughts and perspectives.

Thanks,

Tony