While most Aussies can remember their phone number (94%), their number plate (77%) and their parent’s phone number (76%), new research from UBank has revealed 85 per cent of Australians don’t know their home loan rate.
Of those surveyed 44 per cent could only recall an approximate figure for their home loan rate while the remainder (41%) simply didn’t know their rate at all.
Actively monitoring and seeking the best rate should be a regular priority for home owners as there are some great Savings to be had. We are seeing some of the lowest home loan rates on record, so now is the perfect time to know your numbers, and consider refinancing.
The UBank Know Your Numbers Index also discovered that nearly one in four (23%) think that refinancing a mortgage to save money is a good idea but are yet to find the right competitive rate.
As a trusted & recognised professional in our industry this is where we come in.. Refinancing is easier than most people think as we take care of pretty much all the work. We have seen some insane savings in our clients loans and portfolios – you see we like to review our clients loans every 1-2 years to ensure they still have a competitive deal – in the last month alone we have saved 13 clients about $51,000 of combined interest savings.. that is on average nearly $4,000 each.. Imagine what you could do with $4,000?
To give your Mortgage the ‘Health Check’ out Get in touch now – It won’t cost you a cent and will probably save you thousands!