Do you know what your mortgage interest rate is?

A majority of Australian home loan customers are unsure what their mortgage interest rate is according to CUA's latest National Mortgage Survey.

32 per cent said they knew the approximate interest rate. 28 per cent of survey participants said they are not sure what their rate is.

You can search for your own home loan on Infochoice.com.au and find the advertised interest rate and all the fees and other costs. Knowing these details, you can compare your loan with hundreds of other mortgage deals.

Source: Banking Day

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