Bargaining a better mortgage rate is a skill mastered by only one in three Australian homeowners

According to finder.com.au’s survey of 1,286 homeowners 33% having been successful in negotiating a lower interest rate on their home loan.

Forty three percent of homeowners have attempted to get a discount and of those who asked, 77% were successful.

The research also shows almost half of homeowners (45%) didn’t know you could ask for a discount or simply didn’t bother to request one upon application.