Interest Rates - No Loyalty
Wednesday, October 13, 2021 - 01:12
- Interest rate
- cycles
- burrowing capacity
- cheap rates
- review home loan
Interest rates, another classic cycle, are currently at a record low. Major banks and other lenders have been loosening their tight lending rules and reducing their interest rates continuously over the last 2 months. Why not use this cycle to your advantage?
Unfortunately there are no longer any benefit from remaining loyal to your bank. The longer you stay with one lender, the more likely it is your loan is uncompetitive.
It is up to you to review your finances and switch to a better deal where you might be able to save $4000-5000 a year. Why not claim a big Cash Back Offer too.