Hi Liam,

There are definitely some great deals out there if you're willing to shop around.

While the "big 4" lenders still have their loyal following, I've been noticing more and more customers are starting to consider alternative options.

With the rising cost of living and interest rates where they stand, people are getting savvy about what truly works best for them to land the best deal, rather than sticking to traditional choices.

While some customers are all about landing the best deal, regardless of the lender, others prefer at least recognising the name of the lender they're going with.

And then there’s the frustration felt by loyal customers (those who've stuck with the same lender for years) when they see new customers getting better rates. That alone is enough to make anyone consider switching lenders...

For purchasers, I find most people just want a deal that fits their needs and are open to a range of lenders. They're happy to let brokers do the heavy lifting and trust that we will provide them with an unbiased recommendation. That's what we're here for, after all 😊.

To sum it up, people simply want a good deal, regardless of the lender's size. And with interest rates currently high, being open to options can really pay off in the long haul.

Remember, a better deal on your home or investment loan has a long-term impact on how much interest you end up paying (and saving!) over the life of your loan.

If you have a couple of minutes, give our Refinance Savings Calculator a try to see what you could save by making some changes.

And if you'd like to discuss your personal situation and explore the current rates and offers, I'm here to help.

All the best,

Paula

Paula Fraser
Home Loan Expert