Small differences mean big savings when buying property
By IOL Reporter | Published Mar 23, 2021
Q: I have heard that I need to shop around for a home loan in order to get the best interest rate. I have also been told that the higher my deposit, the better my interest rate offer will be. The rates seem to differ in many cases by less than a percent, so how much difference can this really make?A:By way of example, in the last quarter of 2020, BetterBond was able to secure an average interest rate concession of 0.
