Too loyal or time-poor for a better rate? Problem solved

Interest rates have never been lower.  However, finance can be so tedious.
That is until you realise it could mean more money in your pocket. But how?

For many, matters of personal finance are so dull and/or difficult, they are immediately filed in the too-hard basket.
And for their trouble, or lack thereof, these people are often slugged with a ‘lazy tax’ – the price paid for staying put.

Loyalty too, or simply being time-poor, can also be offences punishable by debt in the world of finance.
But it doesn’t have to be this way.

A 2018 Australian Competition and Consumer Commission (ACCC) report showed that new borrowers with an average-sized residential mortgage paid up to $850 less a year in interest than existing borrowers with the same lender.

However, despite the apparent benefits, actively ensuring an interest rate remains suitable is a practice that continues to elude many.
Fortunately, there are people out there whose job it is to assist in this process.
Finance brokers can play a vital role in assisting borrowers through the process of ensuring their mortgage is competitive.
A mortgage broker is just a phone call away and are ready to guide you through the task of refinancing your loan.

A mortgage broker can compare a large panel of lenders and work out the best product and the best interest rate based on your personal circumstances.  You could be surprised at how much you can save.  Mortgage brokers don’t usually charge for their services as they get paid by the lender should a loan eventuate.  So, at no cost you may find that you can save plenty.

So get cracking and call a mortgage broker today.