Hidden bank discounts could save home owners $3800

So much for loyalty… Home loan customers are missing out on significant discounts, and long term customers tend to be the worst off and generally get less competitive rates.

Have you saved money on your home loan by switching (or threatening to switch)? Share your experience in the comments below.



One way to save significant money over the term of a loan is to make weekly payments, rather than monthly. I’ve been doing that for many years with my credit union mortgage, which I’ll have paid off in the not too distant future :slight_smile:


They just rely on their loyal customers lack of impetus to change. Just like a saying we have " The Devil doesn’t need to tempt the fallen as they are already caught, The Devil works on those not yet captured."