Explaining Some Jargon

If there’s one thing that banks love, it’s jargon (and if there’s one thing Lucy loves, it’s coffee).
In the video below, we discuss both of those things! But mostly the jargon.


Wow, we went through a lot of topics. Here are the links to the other blogs and resources we discussed:

Kirsty’s video on Lender’s Mortgage Insurance (LMI)

The difference between redraw and offset

Variable vs. fixed rates

More detail on what a revert rate is

‘Propensity’ (our bonus jargon word!) and what it means


And as always, if you want to make time to speak to a broker about some new lending or to look at better options for your current interest rate, please use the link below: