Can you please let me know why you put interest up .29% instead of .25% like all the other lenders.
Because they're greedy and useless. I cannot wait to move away from them once this mortgage hostage situation abates.
Sorry to hear you're also struggling with them.
Hi Simone, Like most lenders, the increasing cost of funds has impacted our interest rate change decision. Our funding comes from a range of sources, including the major banks, and the rates we are charged for these funds has significantly increased this year, so we’ve had to pass some of these costs on. We acknowledge that this increase might be more than you were expecting. If you are concerned about making your repayments, we have a range of options available here (https://www.afghomeloans.com.au/financial-hardship/) to help you manage your loan and plan ahead.
Kind regards, AFG Home Loans
Can you please advise when you will communicate your decision on the current rate decrease from the reserve bank?
They haven't passed on anything but are constipating on it...!!
You can view the latest rate movements in relation to the recent RBA decrease here - external link
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