Track Your Mortgage Interest Rates with Sherlok RateTraker
Peace of mind knowing your rates are being monitored and your broker will get an alert if they become uncompetitive.
What is Sherlok RateTraker?
Sherlok RateTraker keeps an eye on your home loan so you don’t have to. Using secure open banking technology, it tracks your interest rate 24/7 and alerts your broker if your rate becomes uncompetitive. That means no more wondering if you are paying too much. Your broker can act fast to negotiate a better deal for you. Stay in control, save money, and enjoy peace of mind with RateTraker.
How Does Sherlok RateTraker Work?
- Secure Loan Connection: Easily connect your home loan to RateTraker using secure open banking technology.
- Automatic Rate Monitoring: RateTraker continuously tracks your interest rates and notifies your broker when your rates become uncompetitive.
- Proactive Alerts: Your broker get’s notified if your rate becomes uncompetitive so that they can request a discount on your rate from your current lender.
It’s that simple. You’re always in control, but Sherlok’s RateTraker ensures you never miss a rate change that could save you money.
Why Sherlok’s RateTraker Benefits You as a Homeowner
- Stay in Control of Your Home Loan: RateTraker keeps an eye on your interest rate and alerts your broker when it’s time for a review, so you never overpay.
- Save Money with Better Rates: RateTraker works in the background, tracking your rate automatically, so you don’t have to constantly check or worry about missing a change.
- Expert Support When You Need It: Your broker stays proactive, ensuring your loan remains competitive and giving you peace of mind that your mortgage is always in good hands.
Safe, Secure, and Transparent
Your home loan data is protected with Consumer Data Right (CDR), also known as Open Banking – a government-regulated framework designed for maximum security. When you connect your loan to Sherlok’s RateTraker, we only have read-only access, meaning we can see your interest rate but can’t make any changes or transactions.
With strict CDR compliance and industry-leading encryption, your data stays safe while helping you get the best deal on your home loan.
- CDR (Open Banking) is the most secure way to share your loan data
- Read-only access – no one can make changes to your loan
- Full transparency and control – you choose what’s shared
- End-to-end encryption for ultimate privacy
Ready to Take Control of Your Home Loan and Save Money?
Sherlok’s RateTraker helps you stay on top of your mortgage, automatically tracking your interest rate and alerting your broker when it’s time for a better deal. No more guessing if you’re overpaying. RateTraker makes sure your home loan stays competitive.
Sign Up for Sherlok’s RateTraker Today
Join homeowners across Australia who are already saving money and securing better rates with Sherlok’s RateTraker.
✔ Stay in control of your home loan
✔ Get notified when a better rate is available
✔ Save money with minimal effort
Sign Up Now and start making your mortgage work for you.
Frequently Asked Questions
Sherlok RateTraker provides a home loan rating from 1 to 10, showing how your rate compares to other homeowners similar to your. A higher score means your rate is competitive, while a lower score indicates room for improvement.
Your home loan data is protected with Consumer Data Right (CDR), also known as Open Banking – a government-regulated framework designed for maximum security. When you connect your loan to Sherlok’s RateTraker, we only have read-only access, meaning we can see your interest rate but can’t make any changes or transactions.
With strict CDR compliance and industry-leading encryption, your data stays safe while helping you get the best deal on your home loan.
Sherlok RateTraker is free for homeowners. Mortgage Brokers pay a monthly subscription.
Sherlok RateTraker operates in real-time, continuously monitoring your rate and market trends. If there’s an opportunity to save, you’ll be notified promptly.Accordion Content
