PHOTO: Those in Blues territory have much to celebrate given the preferential rates given to them by major banks.
SHOCK new research claims Queenslanders are being charged more on their mortgages than New South Wales’ homebuyers, with half the Big Four banks among the major culprits.
The year-long analysis by mortgage marketplace HashChing analysed home loan rates offered by 11 of the largest lenders in the country with one Big Four bank in particular named and shamed.
“The biggest discrepancy was found with ANZ, whose rates differed by 39.57 basis points between the two states,” HashChing found.
“This difference means Queenslanders who bank with ANZ are paying nearly two thousand dollars more for their mortgages per year than their NSW counterparts.”
READ MORE VIA REALESTATE.COM.AU