Posted in Refinance

After three interest rate cuts this year, the home loan landscape in Australia has shifted—and for many homeowners, that’s great news. With rates dropping and new opportunities emerging, now’s the time to explore whether refinancing could work in your favour. The right move could mean big savings and a more flexible loan setup. Reach out to us today to know your options.BOOK NOWMore Australians are refinancing their home loans, escaping what’s known as “mortgage prison” and findin...

With interest rates falling this year, thousands of Australians are taking a fresh look at their home loans. In fact, nearly 100,000 borrowers refinanced in the June quarter alone—that’s over 1,000 loans every day, and a 21% jump compared to last year.If you're thinking about refinancing, chat with us today and see how much you could save on your home loan.BOOK NOWSo, what’s behind this refinancing boom and could it be a smart move for you too?1) To get a better interest rate or sho...

With inflation heading in the right direction and the Reserve Bank of Australia (RBA) cutting the cash rate three times this year, many Aussies are wondering:Is now a good time to refinance?The short answer? It depends on your personal situation and goals. But there are some strong signs that now could be a great time to take a closer look at your home loan.Inflation is settling down.The latest inflation data is promising. The RBA’s preferred measure trimmed mean inflation is now sitting co...

Refinancing your home loan can help you secure a loan that better meets your current needs. Follow our step-by-step guide to understand the refinancing process and make an informed decision.What is refinancing?Refinancing involves taking out a new home loan to replace your existing one. The new loan pays off your current loan, and you begin making repayments on the new loan.Why refinance your home loan?People usually refinance their home loans to secure a loan that better suits their current ...

At FinancePath, we understand that refinancing your home loan can be a big decision. With rising living costs and fluctuating interest rates, many Australian homeowners are looking for ways to reduce their financial strain and optimise their mortgage. In fact, recent data shows that 73.7% of all new home loans in Australia were written by mortgage advisers during the June 2024 quarter — the second-highest result on record. So, why are so many Australians turning to mortgage advisers to refi...