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Mortgage Broker News | 14 Apr 2015, 08:06 AM Agree 0
Some brokers are pointing to real concerns for those borrowers opting for Meridian’s 1.49 per cent offer – their objections having little to do with personal concerns about the lender’s sales strategy.
  • Don Johnstone | 14 Apr 2015, 01:13 PM Agree 0
    Meridian is simply a regional player and even in those areas where they have large branches are a marginal competitor in the mortgage industry. A bit of a "tempest in a teapot" This too shall end.
  • Michael | 16 Apr 2015, 03:14 PM Agree 0
    Literally, there are no drawbacks in 1.49 and saving a huge portion of interest payment, except "usual" rates are unpredictable. But they are unpredictable by definition. The article is useless.
  • Johnny | 04 May 2015, 08:01 AM Agree 0
    Yes, rates are always unpredictable but whether you get a 2,3,4,5 year variable you're still subject to the same increases. At least with this you're saving a lot of money for a 1.5 year fixed
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