Press Release: 3/11/2009
Aussie Home Loans Calls for Borrowers To Seek A Better Deal Following Todays Rate Rise
Chairman of Aussie Home Loans, Mr John Symond, today urged home borrowers to urgently seek
expert help to offset the costs associated with todays 0.25 per cent rise in official interest rates.
He said, The latest rate rises will put pressure on borrowers with large debts but I caution them
against rushing towards fixed rate as they are already at a high premium to variable rates. The best
thing they should do is seek an industry expert to review their financial situation and find them a
better deal.
Mr Symond said Our research shows that more than 50 per cent of customers who speak to an
Aussie broker do not have the best home loan deal. Following the latest rate rise and the prospect of
more to come, now is a great time to access a loan with a low rate and features that match
borrowers requirements.
He added that Aussies research showed that home owners who refinance through the mortgage
broker generally save up to 0.75 per cent on the standard variable rate, which could amount to tens
of thousands of dollars over the life of the mortgage.
The bottom line is that borrowers should not just cop the rate rises, but do something about them by
seeking a better deal with their home loans, concluded Mr Symond.
As a broker selling a range of products, Aussie specialises in helping customers lower their interest
bill and customers can get the help they need by calling 13 13 33, visiting an Aussie Shop for an
accredited adviser to meet with them at their place of work of home or by visiting
For Further Information Call:
John Symond
Tim Allerton
Aussie
City PR
(02) 8297 0702
(02) 9267 4511
(0412) 715 707.