Borrowers who rethink bank relationship could save $100,000
A reassessment of the fraught relationship between borrower and bank could be a timely way to save up to $100,000.
Property prices continue to rise in the face of high interest rates. (Image source: Shutterstock.com)
Despite the banks offering vastly different mortgage lending rates that could amount to $100,000 over the course of a home loan, refinancing activity has slipped.
Research by Canstar also revealed that more than one-third of homeowners and investors say they’re not prepared to sustain mortgage interest rates if remain at the current level for the rest of the year.
With the RBA hinting that a rate cut is still not likely
in the next six months, …
