Switch from the Banks and Save
Effie Zahos, Editor of Money magazine appeared on The Today Show this morning, offering helpful advice for Australians. This follows uncertainty after the Royal Commission (RC) report was released on Monday 11 February 2019.
“With the average home loan rate at 4.37%, it makes sense to make the switch to Australia’s Cheapest Home Loan.”
“1 in 5 Australians don’t trust the banks” Zahos observed, with that number predicted to fare no better after the RC unveiled the many misconducts the Big 4 Banks and executives performed.
Zahos advised “…know your true rate and the fees you’re being charged”. Comparison rates refer to the true cost of the loan by including advertised rate, fees monthly costs as a standard comparison across different lenders’ loan products. Reduce Home Loans’ Rate Slasher has no upfront fees^, so the comparison rate becomes the same as the advertised rate. at 3.44% it is repeatedly awarded Money magazine’s Best of the Best Cheapest Home Loan since 2016.
To make an enquiry about the Rate Slasher, fill out our form on the Rate Slasher page or call us during QLD business hours to speak directly to one of our friendly Finance Managers about reducing your home loan.