Change for the better

Lim, Justin
January 2008
Money Management;1/24/2008, Vol. 22 Issue 2, p9
Trade Publication
The article reports that 80 percent of people changed mortgage providers in refinancing home loan in Australia. It was surveyed by Mortgage and Finance Association of Australia (MFAA) and BankWest that one-third of respondents refinance their loans and also changed their loan provider. According to Paul Vivian, head of mortgage and savings of BankWest Inc., it is important to note that the data shows refinancing of home loans has declined.


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