refinance

5 results tagged "refinance":
what does refinancing mean how does it work
PROPERTY

A beginner's guide to refinancing your home loan

There's a real buzz around refinancing right now. Figures from CoreLogic show 67% of property valuations currently relate to home loan refinancing - up 32% from last year, and Glenn Haslam, executive general manager, lending at Suncorp Bank - Money's ... More
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when your interest only mortgage expires
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What to do if your interest-only mortgage is expiring

Interest-only (IO) mortgages were increasing in popularity year-on-year until early 2017, but have fallen out of favour since. They mostly benefit investors looking for high-growth returns and tax deductibility on their property; however, a small portion ... More
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hidden costs of refinancing your home loan
PROPERTY

The hidden costs of refinancing your home loan

Refinancing the mortgage can come with hidden costs. Here's what to watch out for. Australians owe an average of $388,000 on their home loan, and with that sort of debt to manage it doesn't pay to take a set-and-forget approach. The good news ... More
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time to refinance home loan house loan mortgage banks
PROPERTY

Why it's getting tougher to refinance your mortgage

It's becoming more difficult to refinance. If you have multiple loans, chances are you have found it increasingly difficult to refinance over the past few months. Banks are now reassessing you at up to 7-9% instead of the 4.5% that you may currently ... More
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