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As Interest Rates Climb, is it Time to Re-Finance?
With interest rates continuing to rise, we just wanted to check in to see how you’re doing!
Australia’s Reserve Bank have recently maintained an upward trend in lifting its key interest rates in the past couple of months as the central bank seeks to curb inflation before it rises to levels following economies elsewhere.
If you’re feeling a bit concerned about your home loan repayments, especially given all the recent media noise around cash rate hikes and cost of living pressures, you’re not alone.
The good news is that our team of mortgage brokers are here to help if you’d like to chat about your concerns or learn more about the options available to you.
They can:
- assess your refinancing options by checking the suitability of your current home loan against others on the market
- submit a loan re-pricing request to your lender on your behalf
- or even look at your household spending and identify areas where you might be able to save.
All of these services could potentially save you money, so if you’d like to learn more about your options, give our experienced team of mortgage brokers a call on 03 8393 1000.