Most people when buying investment properties look at rental returns vs cost to buy mainly, do people consider changing home loans that they have had for a number of years to save money on interest rates.
Like is it really worth swopping a bank you have had for 6 years interest rates @ 5.05 to find a cheaper one @ 4.75 after all the fees you have to pay or just not worth the hassle.
Or maybe you could just ask you bank for a better rate?
I know one I looked at in the fine print to get the lower rate you needed 20% deposit.
Thanks Matt..
Like is it really worth swopping a bank you have had for 6 years interest rates @ 5.05 to find a cheaper one @ 4.75 after all the fees you have to pay or just not worth the hassle.
Or maybe you could just ask you bank for a better rate?
I know one I looked at in the fine print to get the lower rate you needed 20% deposit.
Thanks Matt..