New Research Shows Many Banks Are Overcharging on Home Loan Rates

Posted by Simon Dehne on May 21, 2014 in Latest News with No Comments


Professor Abbas Valadkhani from Swinburne University has published research findings that suggests that “The mortgage interest rate spread of all lenders has risen since the GFC (Global Financial Crisis)”. He goes on to say, “That given the increasing use of internet banking, borrowers are in a much better position to carefully compare the standard variable rate mortgage interest rates offered by various lenders before locking themselves into a loan contract”.

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