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When is refinancing worth it?

Updated: Jun 27

The Reserve Bank has indicated there will be more interest rate rises in 2022.


As such, we sat down with our in-house Mortgage Broker and Finance Manager; Dallas Shores to ask him when refinancing is worth it.


From Dallas' perspective, it depends largely on your individual needs and situation, however there are a number of reasons why you should look at refinancing.


These include:


  • You've been with the same lender for a long time

  • You've never heard of a redraw facility or offset account

  • Your situation has changed

  • Your debt is out of control

  • You want to access your equity

If you would like some assistance reviewing your current loans, reach out to Dallas Shores, our in-house mortgage broker.


Passionate about property finance, Dallas can be contacted on 0437 498 800, 24 hours a day to assist you with your individual finance requirements, whether you are buying or looking to refinance.




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