How much can I save by switching home loans?
The average Australian mortgage is now $444,000, said Dfinanz mortgage expert Peter Coco. Saving 0.50 percentage points on a loan like this could deliver more than $22,000 in savings. However most people miss out on the best deals said Mr Coco because they think switching loans is a daunting process.
Recent government reforms have made switching loans cheaper and easier. Compare rates and fees and loan deals today at Infochoice and switch to a better loan.
Source: Mortgage Business