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News Detail | Michelle Burke

Property News

Making switching easier

Apr 18, 2017

The central bank is proposing to take steps to make "mortgage switching" easier. Only 4% of borrowers have moved their home loans to a new lender while 6% have changed their product with their existing bank. The survey found 81 per cent had not considered moving their mortgage at all. Cosumers found the whole process confising so hopefully with some clarity they can reap the benefits of a positive switch.



Read the full article here.