When is the right time to refinance?
6 March 2024 As a general rule of thumb, if it’s been at least two years since you took out your home loan, it might be a good idea to review refinancing options. That’s because lenders, which want to win your business, often charge lower interest rates to attract...
Home Loan repricing versus refinancing: How to save money in a rising rate environment
In May 2023 the Reserve Bank of Australia (RBA) announced a further hike to the cash rate from 3.60% to 3.85%. This was the 11th increase to the cash rate in approximately 12 months and a total of 3.75 percentage points up from a record-low of 0.1% back in May...