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What are honeymoon rates?

April 26, 2017honeymoon rates

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What are honeymoon rates?

2 Answers

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This term is seldom used these days. Honeymoon rates are introductory rates set artificially low to attract first time clients. We suggest that you understand all the implications of these, especially when it comes to early exists, before you say its a good deal for you. Sometimes honeymoon rates are only 6 months long. When you take a 25 year mortgage that means you have 24 years and six months at a higher rate!To contact Australian Mortgage exchange.To check out Australia’s best home loan click here now!

0

Posted

This term is seldom used these days. Honeymoon rates are introductory rates set artificially low to attract first time clients. We suggest that you understand all the implications of these, especially when it comes to early exists, before you say its a good deal for you. Sometimes honeymoon rates are only 6 months long. When you take a 25 year mortgage that means you have 24 years and six months at a higher rate! To contact Australian Mortgage exchange. To check out Australia’s best home loan click here now!