Hi guys,
Looking to refinance my investment loan in Melbourne, refinance amount 300k, variable rate with redraw facility. It seems like many banks are promoting fixed rates due to poor economic performances. Which bank offers the best deal? What other useful features should I consider? Thanks!
OzBargainers a bit sick of being used like free mortgage brokers.
Use Google to find the best rate and loan for you. Plenty of cashback offers ATM.
If you're borrowing hundreds of thousands of dollars to invest, you should be wise to all your alternatives. How are you picking investments if you can't swap lenders ?
Westpac and Anz offering doing 2.49 fix for investment p/i or 2.69 Interest only. Variable wil be sub 3.20 p/I and 3.35 I/o
+ $3,500 cash back
But if your after A full variable rate and low variable rate then go with a smaller and online bank it be sub 2.95% but no cash backs
Good luck.
Use a mortgage broker