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Many Aussies are making a big mistake with home loans: here’s how – NEWS.com.au
Many Aussies are making a big mistake with home loans: here’s how
Many mortgage hunters have an unfounded fear of non-bank lenders and could be dudding themselves out of the best deal.After the Reserve Bank of Australia slashed the cash rate to record lows earlier this month, it was the smaller, little-known outfits Athena, Reduce Home Loans, Homestar Finance, Homeloans.com.au and Pacific Mortgage Group that led the charge in passing on interest rate cuts to customers.
RateCity research director Sally Tindall said non-bank lenders had helped drive prices down…
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