Sale

The Switch & Save Sale is Australia’s first industry home loan sale.

RateCity -

28 Apr, 2017 -

1 min read

Sale

No. Unfortunately the sale offers are limited to the products on sale only.

Mark Bristow -

05 May, 2017 -

1 min read

Sale

Yes. These deals have been created by the lenders specifically for the RateCity sale, and are not available elsewhere. That said, lenders sometimes run special offers at other times which might be similar.

Mark Bristow -

04 May, 2017 -

1 min read

Sale

The current Switch & Save Sale is for home loans only. Keep an eye out for other events from RateCity in the future.

Mark Bristow -

05 May, 2017 -

1 min read

Sale

When you sign up to the Switch & Save Sale, you’ll supply some basic information about your current loan including...

Mark Bristow -

05 May, 2017 -

1 min read

Sale

Most of the products in the sale are variable rate products however there are a small number of fixed rate products in the sale.

Mark Bristow -

05 May, 2017 -

1 min read

Sale

Unfortunately, the Switch & Save Sale is only for people who already have a home loan and want to refinance. There are thousands of other products on the ratecity.com.au site for first home buyers to consider outside of the sale event.

Mark Bristow -

05 May, 2017 -

1 min read

Sale

The calculations are a model only, and not a prediction. The results are only estimates, whereas the actual amounts may be higher or lower. We cannot predict things that will affect these results such as changes in interest rates and their differentials.

Mark Bristow -

05 May, 2017 -

1 min read

Sale

Yes – there is one loan product that is available in the Switch & Save Sale for people who are self-employed. However, if this particular loan does not suit, you can look through RateCity’s other low doc loans.

Mark Bristow -

05 May, 2017 -

1 min read

Sale

All the lenders participating in the Switch & Save Sale are regulated by either the Australian Prudential Regulation Authority (APRA) or the Australian Securities and Investments Commission (ASIC)...

Mark Bristow -

04 May, 2017 -

3 min read

Sale

What we’ve done is work out how much you could save if you switched an average-sized mortgage from the average discounted variable rate offered by one of the Big 4 Banks to the lowest variable rate in our sale. We’ve then factored in the discharge fees, application fees and ongoing fees to work out the savings over a 15-year loan term. For more information, see our Assumptions.

RateCity -

28 Apr, 2017 -

1 min read

Sale

No. Refinancing your home loan is likely to save you a lot of money, but it is a big financial decision. You just need to select the product(s) you are interested in during the 40-hour sale. After this time, you’ll have 30 days to decide and submit your application.

Mark Bristow -

04 May, 2017 -

1 min read

Sale

The sale is only available to people wanting to refinance – you must already have a home loan. Additionally, customers cannot take up an offer from their existing lender, i.e. if you are currently with ING, then you can’t refinance to an ING product in the sale.

RateCity -

28 Apr, 2017 -

1 min read

Sale

Some loan products are limited, so it’s best to select your preferred choices at the start of the sale.

Mark Bristow -

04 May, 2017 -

1 min read

Sale

Refinancing is when you change your home loan from one loan to another – provided either by the same lender or by switching to a different lender. When you refinance, you are technically paying out your old home loan early and starting up a new one.

Mark Bristow -

04 May, 2017 -

3 min read

Sale

Lenders are likely to put variable rates up and down several times throughout the life of a loan. However, the discount provided as part of the sale should remain for the life of your loan. For example – if you are on a rate of 3.95% which includes a discount of 0.10% and your lender puts up their variable rate to 4.25% then you will be on 4.15%.

Mark Bristow -

05 May, 2017 -

1 min read

Sale

No. While we will do our best to show a list of loans for you, it is up to the lender to approve or disapprove your loan based on your individual circumstances, after you have submitted all your paperwork. This can sometimes take up to 30 days or more, so it is important to find out exactly what the criteria is for the loan, and what you need in terms of paperwork. Don’t forget to submit it within 30 days to be eligible for the sale offer attached to that loan.

Mark Bristow -

05 May, 2017 -

1 min read

Sale

A smaller lender is almost any institution outside of the big four banks (ANZ, CBA, NAB and Westpac). These include credit unions and building societies and ‘non-bank’ lenders. These lenders must follow the National Consumer Credit Protection Act 2009, which ensures the lender properly assesses whether a potential customer can realistically repay a loan, and that a specific standard if information is made accessible to potential customers.

Mark Bristow -

05 May, 2017 -

1 min read

Bank Accounts

Transferring cash from Paypal into your bank account is simple��_if you have a Paypal account that is. Once you’re logged into your Paypal account, the account balance will appear on your home page. Below your balance are two options: Add money Withdraw money Choose option two if you want to transfer money from your Paypal … Continue reading "How do I transfer money from Paypal to my bank account?"

Nick Bendel -

30 Nov, 2017 -

1 min read