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I am buying a new property

Perhaps you're moving to a bigger home, or you've decided to get a cozy flat now that the kids have moved out. Whatever the reason, choosing a mortgage to go with your new home is a big decision.

Sticking with your original home loan might seem safe and easy, and you may avoid some switching fees. However there is a big advantage in shopping around: the mortgage market changes all the time. There are often great products/features available that beat your old loan. Potentially, you stand to save a very large amount on interest and fees – and secure better terms.

Financing with MyRate gives you:
  • one of the lowest interest rates in Australia
  • a range of great features (eg. free unlimited redraws and extra repayments)
  • no fees on standard applications*

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Lender % p.a CCR % Fees
MyRate 6.35 6.35 $0*
CBA 7.31 7.45 $600
St. George 7.30 7.46 $700
Westpac 7.36 7.49 $600
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MyRate Update
Friday, 27 January 2012

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