Should you refinance after the latest rate rise?

With the RBA lifting rates again, many mortgage holders are asking the same question: should I refinance, restructure, or just sit tight?

In this episode of The Brokers’ Lounge, Eddie and Carlo break down what the latest rate rise means for repayments, household cash flow and the pressure many borrowers are feeling right now.

They also unpack when refinancing can make sense, including lowering repayments, improving cash flow, consolidating debt, accessing equity or getting a better loan structure. But it’s not always about chasing the lowest rate.

From cashback traps and hidden fees to extending your loan term and assuming approval is automatic, this episode covers the common refinancing mistakes borrowers need to avoid.

If your loan hasn’t been reviewed in a while, this episode is a timely reminder to check your rate, understand your structure and speak with a broker before making any major decisions.

Hit follow, leave a review, and share this episode with someone who needs to review their home loan.

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Get in touch with Eddie: Eddie Malaeb - Senior Mortgage Broker
Get in touch with Carlo: https://calendly.com/carlo-o8zv/30min

More info: https://www.linkwealthfinance.com.au/

Our Financial Services + Credit Guide: https://www.linkwealthfinance.com.au/fscg

Disclaimer: The information contained within this podcast is general in nature
and does not take into account your personal circumstances. Please reach out if
you wish to discuss your personal situation