Refinance Specialists

07/02/2023

https://www.rba.gov.au/media-releases/2023/mr-23-04.html

At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.35 per cent.

03/02/2023

“While the RBA will likely move more slowly in 2023 than it did in 2022, we now expect four more 25 basis point hikes this year: 25 basis points in each of February and March, and 25 basis points each at the May and August meetings.” - Michelle Bowes Forbes Advisor

Anytime is a good time to think and chat about your current home loan arrangements, whether it be a discussion around fixed or variable interest rate or your options around refinancing.

18/01/2023

When is a good time to refinance a home loan?

It may never feel like the “perfect time” to refinance, but a good place to start could be to consider your current loan and scout for a better deal. For example, depending on your circumstances, it might be a good time to refinance if you find a better interest rate.
If you have a fixed rate home loan, another time to refinance could be when your fixed loan term is about to end. Fixed rate loans typically revert to a variable rate at the end of the term, so it could be worth comparing your options.

07/12/2022

The RBA has announced the 8th consecutive rate rise, so it really is important to think about your refinancing options.

It is always important to ensure your current home loan arrangements are keeping up with your current lifestyle, your current circumstances and needs...
We are more than happy to chat to discuss... Send us a message to start the conversation.

https://www.rba.gov.au/media-releases/2022/mr-22-41.html

21/11/2022

A Few Reasons To Consider Refinancing

* To lower your current interest rate
* To lower your monthly payments
* To switch from variable to a fixed rate mortgage
* You're looking to pay off other debts
* You're considering renovating.

It is always important to ensure your current home loan arrangements are keeping up with your current lifestyle, your current circumstances and needs...

We are more than happy to chat to discuss... Send us a message to start the conversation.

10/11/2022

The Economic Outlook – The Australian economy has come out of the pandemic in a strong position but inflation is too high – Michell Bullock RBA

Question:~ Should I be thinking about refinancing my home loan❓
Answer:~ ABSOLUTELY ❗️

Most home loans typically get set for 25 to 30 years.... Many things can change within this time, so it is feasible to review and discuss the possibility of refinancing your mortgage .....

Currently there is a lot going on with the world of economics..

* Inflation remains high
* Interest Rates are on the rise
* Personal debts are increasing

There’s still options for refinancing your home loan in this current climate. Contact us by sending us a message to discuss your options….

21/10/2022

“There will be people who took advantage of the very low fixed rates on offer in 2020 in the midst of the pandemic – many of those were two- and three-year fixed rate loans that over the next 12 months will need to be refinanced – and for those people, there will be a significant repayment shock as they have to refinance the fixed rates to higher rates,” - APRA chairman Wayne Byres,

As the shadow of the COVID era fades, so does the silver lining of historically low interest rates. Get ahead of the pack and start planning your next mortgage move.

17/10/2022

13/10/2022

It is always important to ensure you are getting the best arrangement for you with your home loan at all times.

https://www.afr.com/companies/financial-services/mortgage-prisoners-will-pay-for-their-loyalty-20221011-p5bow5?utm_medium=social&utm_campaign=nc&utm_source=Facebook&fbclid=IwAR2IjmLReESbvliHvErThLyK8R-TTlKQ82Oo0Njw3BOKBWPmVlSxYYbFLJs =1665518355

Existing customers are paying record “loyalty taxes” and rapid-fire rate rises mean more will be trapped in mortgage prisons.

10/10/2022

Should I be thinking about refinancing my home loan... ❓❓❓

Most home loans typically get set for 25 to 30 years.... Many things can change within this time so it is feasible to review and discuss the possibility of refinancing your mortgage .....

1. Whenever your circumstances change or
2. Once every year or two

Like to know more ...... We are more than happy to discuss this with you, so send us a message and we will get back to you.

🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔