Mortgage Rates Commentary

No salt with the Pepper loan

Wednesday 16th of November 2011

Here's an interesting question from a reader. He had a home loan with GE money which is now owned by Pepper Australia. The loan is split into three; two have matured and are now on a variable rate of 7.85%.
He's checked floating rates on goodreturns.co.nz and realised 7.85% "seems rather higher than the standard variable rates being offered."

The questions  are what to do, and...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.