Friends With Money #56: Is it time to refinance?

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Interest rates are getting higher and higher, so is now the time to think about switching your home loan?

That's the major question Money's Tom Watson and Mozo spokesperson Claire Frawley talk through on this week's episode of Friends With Money. They also discuss:

  • How far rates have risen and whether they'll go higher
  • What an average mortgage rate looks like at present
  • Other features worth looking out for when refinancing
  • The borrowers who might be unable to refinance.

friends with money podcast refinance mortgage

Listen on Apple Podcasts: https://apple.co/3mV0Cbr

Listen on Google Podcasts: https://bit.ly/3qGfsoL

Listen on Spotify: https://spoti.fi/3fSPI2h

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Tom Watson is a senior journalist at Money magazine, and one of the hosts of the Friends With Money podcast. He's previously worked as a journalist covering everything from property and consumer banking to financial technology. Tom has a Bachelor of Communication (Journalism) from the University of Technology, Sydney.

Claire Frawley is a spokesperson for Mozo.com.au. She studied communication and media at UNSW, and is passionate about empowering people with financial knowledge.