Hatch Financial Services News

Increased competition amongst lenders

Monday, June 06, 2011

Over the first 5 months of 2011 we have seen an increase in competition amongst lenders in terms of the interest rates on offer.  This has resulted in me being able to save clients up to 0.25% pa on their existing home loans in some cases.

Clients best positioned to take advantage of this competition are those with borrowing over $400,000. However savings have been negotiated for borrowers with as little as $250,000 in lending

In some instances clients have refinanced to get the better rates whilst in most cases we have been able to renegotiate the client’s interest rate with  their existing lenders.

Call us at Hatch if you want to see if we can save you money.

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