Surge in switching: 1,000 home loans refinanced every day

Surge in switching: 1,000 home loans refinanced every day

Three rate cuts since February have spurred home owners to take a closer look at their home loan. Turns out plenty have found a loan better suited to their needs elsewhere, with 100,000 home loans refinanced in the past quarter. It’s not every day we do a double-take...
Two-thirds of borrowers could save by refinancing: report

Two-thirds of borrowers could save by refinancing: report

Home owners hoping for rate relief in July may be disappointed, but it’s still possible to score a rate cut of your own by refinancing. Despite this, plenty of borrowers are sticking to an old loan – and it could be costing them. When it comes to rate cuts, nothing is...
Home Owners Keep Paying the Higher Repayments Even as Rates Fall

Home Owners Keep Paying the Higher Repayments Even as Rates Fall

Despite two much-awaited rate cuts this year, plenty of Australian households are keeping their mortgage repayments on hold – and it could see them save in long-term interest costs. 2025 is shaping up to be a much better year for borrowers than 2024! Already, we’ve...
Why 1-in-2 families are thinking of refinancing

Why 1-in-2 families are thinking of refinancing

The RBA may have swiped left on an April rate cut, but plenty of home owners are taking matters into their own hands by refinancing to save on interest with a lower rate. There’s nothing like a rate cut to put a spring in home owners’ steps. February’s 0.25% rate...