Negotiating Rate On Mortgage.

posted by:  Gabrielle Gesti

post date:  September 2, 2016

category:  Media Reports

Mortgage Savings

By Annie Kane- Smart Property Investment Magazine

Mortgage – Nearly two-thirds of mortgage holders in Australia have never asked for a better interest rate on their home loan — but there are four things you can do to get a better deal.

According to comparison website finder.com.au, 65 per cent of the 2,033 Australian home loan customers surveyed said that they had not approached their lender for a cheaper mortgage. However, of those that did, 82 per cent said that they had received a better deal.

Bessie Hassan, money expert at finder.com.au, said that it was crucial for home loan customers to take steps to get the best home loan deal, as it could deliver “thousands of dollars in savings for Australian home loan customers”.

 

According to Ms Hassan, when negotiating a discount on mortgages, customers should:

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Tips For Negotiating a discount on home loans