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Refinance Your Home Loan – Record Low Rate at 0.10%

Refinance Home Loan Australia

Refinance Your Home Loan – Record Low Rate at 0.10%

Refinance Home Loan Australia

Now is the best time to refinance your home loan. This month the Reserve Bank of Australia decided to leave the official cash rate (OCR) on hold at a record low of 0.10%. Governor Phillip Lowe has also made it clear that rates won’t go up until inflation increases by 2-3% and there is a boost in wages, which is not expected to happen till 2024.

Lenders continue to wage a home loan war to bring in new customers. Some are not just cutting their fixed and variable rates, but they are also offering competitive cashback deals of up to $4,000, generous bonus credit card rewards, and a reduction in Lender’s Mortgage Insurance!

Contact us to refinance your home loan. We will coordinate the most competitive finance deal from our vast choice of lenders.