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Monthly Archives: August 2018

Banks charging “Loyalty Tax” to existing customers

August 7, 2018 in Insider Tips, Latest News, Rate Cuts

Please be mindful when you receive your next Home Loan Statement to view the interest rate you are currently being charged. 

We are seeing a steady increase in the number of long term bank customers who are unknowingly being charged higher interest rates on their Home Loans. 

Each week we are assisting clients to strike back & achieving lower rates with the vast majority accomplishing this with a simple phone call. 

Last week one of our clients was shocked to learn how much their bank was overcharging them & absolutely thrilled when our Mortgage Specialist passed on an “Insider Tip” which saved them $3,959.00 per annum without having to refinance or change banks.

 Q: How much was our client charged to achieve this ?

 A: $NIL

 Please take a minute to jump onto your internet banking to check your latest statement. If your bank has targeted your Home Loan you could be paying thousands more than you need to.

 Please feel free to call or email and always remember … WE WORK FOR YOU … not the bank

 

RBA Announcement

August 7, 2018 in Insider Tips, Latest News

 

Borrowers can celebrate as today marks 2 years since the Reserve Bank last changed the Official Cash Rate.

Adding to this good news is many of Australia’s leading economists are predicting the record low rate of 1.50% may not increase for some time yet.