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What Is A Comparison Rate and How Much Is The Fine Print Costing You?

With interest rates hovering around all-time lows, more and more property investors and homeowners are considering refinancing for a better interestrateand a better deal. But a low level of financial literacy may prevent many Australians from taking full advantage of these deals.

What Is A Comparison Rate and How Much Is The Fine Print Costing You?
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With interest rates hovering around all-time lows, more and more property investors and homeowners are considering refinancing for a better interest rate and a better deal. And many lenders are happy to oblige by serving up the so-called, “lowest interest rates around!”

Of course, the low-interest rate environment does present great deals, but a low level of financial literacy—evidenced by a CUA Nationa…

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