Saving half a percentage point would be enough to prompt 36 per cent of investors to change lenders, PIPA found, while two in three would move for a full percentage point. Chairman Peter Koulizos said many were rolling off fixed terms into markedly cheaper loans. The research also recorded rent relief requests from more than 16 per cent of tenants and superannuation withdrawals by about 8 per cent of investors.
Reported by
Cameron Micallef, Nestegg.com.au, 20 October 2020
PIPA has summarised this coverage for members. Copyright in the original article remains with its publisher.
