Mortgage rates are prompting some borrowers to switch banks as buyers continue to look for ways to reduce the cost of moving home. New research found that 41% of mortgage holders who changed banks did so to access a better mortgage deal.
Mortgage rates are prompting some borrowers to switch banks as buyers continue to look for ways to reduce the cost of moving home.
New research found that 41% of mortgage holders who changed banks did so to access a better mortgage deal.
A further 30% switched to secure an incentive linked to their mortgage.
The page is ready to read now. The fuller skim-friendly version will appear here automatically.
Mortgage rates are prompting some borrowers to switch banks as buyers continue to look for ways to reduce the cost of moving home. New research found that 41% of mortgage holders who changed banks did so to access a better mortgage deal. A further 30% switched to secure an incentive linked to their mortgage.
A further 30% switched to secure an incentive linked to their mortgage.
Open the app view to save this story, compare related coverage, and continue from the same source.