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Borrowers Embrace Refinancing

Posted on by Laze Spasevski
Borrowers Embracing Refinancing
Market commentators are expecting a big jump in refinancing activity in the coming weeks, given that numerous borrowers embrace refinancing their home loans earlier in the year following the previous cash rate cut, in February, by the Reserve Bank of Australia. Equifax, a credit reporting agency, has reported that the number of mortgage applications in the first quarter of 2025 was 5.2% hig...
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Lenders Cut Interest Rates

Posted on by Laze Spasevski
Lenders Cut Interest Rates
More than 65 lenders, including the big four banks, have cut their interest rates following the Reserve Bank of Australia’s decision to reduce the cash rate from 4.10% to 3.85%. This will mean lower repayments for the typical variable-rate borrower – although the size of the rate cuts, and the dates at which they’re taking effect, is varying from lender to lender. Here are three tips...
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