Have you considered refinancing?
Tuesday October 14, 2008
Mortgage companies have had to follow the official RBA interest rate cut to a large extent, most dropping rates by 0.8% p.a. This is still 0.2% p.a. less than the full rate cut, so it would seem that mortgage companies may need to be shocked out of their current state into a more competitive one.
If it would be advantageous for you to refinance your mortgage, then you will need to find what is on offer from the many mortgage companies available. An easy way of doing this is to use a comparison page to quickly browse the offers of several mortgage companies. This gives you a basic idea of what the market is offering so that you may do further research with a reasonable idea in your mind of what to expect.
Please visit our comparison page to compare home loans and mortgages from a selection of mortgage companies.
Share This