MyRate tastes cyber success

MyRate tastes cyber success

Victoria Young

New Internet-based mortgage provider MyRate has taken more than $100 million in applications in three months. MyRate boasts low interest rates, no application fees, simple processes and online approvals. The firm has pledged to delay passing on the August official interest rate rise on all Advantage Rate Loans. “This proves Australians are sick and tired of the greedy tactics and fees imposed on them by traditional home loan lenders,” MyRate general manager Kevin Sherman said. MyRate provide loans for property refinancing, purchase and investment.