HomeStar: today tonight 3 Nov 10
HomeStar was featured on Channel 7's today tonigt as a genuine alternative to the big bank home loans.
Home haggling
Reporter: Bryan Seymour
Broadcast Date: November 03, 2010
It's time to get you back in the black and the banks to get back in the real world.
Damien Smith is the CEO of Rate City, a website where you can compare the loans on offer, from all lenders.
“We always say to people that if you can see a rate that's sort of 6.5% or lower, that's a very good deal,” Damien said.
The comparison rate on Westpac's Flexi First Option Low Rate Home Loan is 6.86% - substantially more than the rates you'll pay elsewhere.
“They're from people like Carrington, Homestar, State Custodians, so a bunch of names that people might not have heard of, but these people are hungry for your business and are substantially cheaper than the big four will have on any given day,' Damien said.
See the video from the show here