3.49% mortgage?

Discussion in 'Loans & Mortgage Brokers' started by big max, 7th Jan, 2017.

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  1. big max

    big max Well-Known Member

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  2. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    This would be a white label product on which they are making no profit, or even taking a loss just because of the publicity it attracts.
     
  3. big max

    big max Well-Known Member

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    If that's the case, the lenders loss is the borrowers gain right?

    I have some loans at 3.85. 3.49 would be nice.

    Yes I suspect they jack up the rates after a promotional period.