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Mortgage borrowers don’t opt for a cheaper rate even when there’s no cost – major study finds

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Most homeowners will not opt for a cheaper mortgage rate even when it is offered to them at no cost.

Most homeowners will not opt for a cheaper mortgage rate even when it is offered to them at no cost.

Most homeowners will not opt for a cheaper mortgage rate even when it is offered to them at no cost.

MOST homeowners will not opt for a cheaper mortgage rate even when it is offered to them at no cost, a new survey has found.

Research by the Central Bank has found that only a third of mortgage holders who were offered a cheaper lending rate took up the offer.


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