Blog Post
Why it's now the perfect time to refinance your mortgage.
- By Priscilla Chandra
- •
- 30 Nov, 2015
Dear Friends,
Big banks may be increasing their mortgage interest rates, but that's no reason for their mortgage customers to meekly accept higher repayments. Did you know that while the big banks have raised their variable rates, a number of their competitors have actually been dropping their rates?
Interest rates are low and cannot credibly fall much further, and the fees for refinancing a home loan early are lower than ever, thanks to Government regulation.
For these reasons, it is now an excellent time for homeowners to refinance, and possibly to fix a portion of their loan at the same time. IF you do it now you might just give yourself a Christmas present – adding thousands of dollars to you in savings... but unfortunately if you wait until after the New Year's Eve fireworks are over you may miss out.
Fixed rates loans:
With the official cash rate at 2 per cent, interest rates can't fall much further. This means there is much to gain and very little to lose by fixing a portion. If it goes up, you've made the right call; if it goes down, it won't be by much.
For a very limited time the 3 Year Fixed rate is at 3.94%.
And the Variable rate is as low as 3.99%. You will need to act quickly to take advantage of these offers. Because these are very special offers therefore at FundSmart we believe you will need to act quickly to take advantage of these offers. Of course you could do a combination of both Variable and Fixed rate loan. Ask us how so we can help you choose the BEST option for YOUR situation.
Switching a mortgage can be daunting process for many people but we can help with the legwork in finding a suitable mortgage product for you. The most satisfying part of our work is identifying loan products that provide our clients more money in their pocket.
Consolidating higher interest rate debts like credit card, personal loans or even an existing business debt is a really smart way to save funds by using the same lower interest rate loan product for ALL your debts. We have been successful in helping improve financial situations for many customers by doing this and it would be a privilege to see how we could help you as well.
All you need do to take advantages of these ideas just call us on 1300 78 79 94. You are under no obligation, and we guarantee to only offer the services that will benefit you.
Why not share this blog post to your families, friends or work colleagues and help them to save money too.
Regards
Priscilla Chandra.
Big banks may be increasing their mortgage interest rates, but that's no reason for their mortgage customers to meekly accept higher repayments. Did you know that while the big banks have raised their variable rates, a number of their competitors have actually been dropping their rates?
Interest rates are low and cannot credibly fall much further, and the fees for refinancing a home loan early are lower than ever, thanks to Government regulation.
For these reasons, it is now an excellent time for homeowners to refinance, and possibly to fix a portion of their loan at the same time. IF you do it now you might just give yourself a Christmas present – adding thousands of dollars to you in savings... but unfortunately if you wait until after the New Year's Eve fireworks are over you may miss out.
Fixed rates loans:
With the official cash rate at 2 per cent, interest rates can't fall much further. This means there is much to gain and very little to lose by fixing a portion. If it goes up, you've made the right call; if it goes down, it won't be by much.
For a very limited time the 3 Year Fixed rate is at 3.94%.
And the Variable rate is as low as 3.99%. You will need to act quickly to take advantage of these offers. Because these are very special offers therefore at FundSmart we believe you will need to act quickly to take advantage of these offers. Of course you could do a combination of both Variable and Fixed rate loan. Ask us how so we can help you choose the BEST option for YOUR situation.
Switching a mortgage can be daunting process for many people but we can help with the legwork in finding a suitable mortgage product for you. The most satisfying part of our work is identifying loan products that provide our clients more money in their pocket.
Consolidating higher interest rate debts like credit card, personal loans or even an existing business debt is a really smart way to save funds by using the same lower interest rate loan product for ALL your debts. We have been successful in helping improve financial situations for many customers by doing this and it would be a privilege to see how we could help you as well.
All you need do to take advantages of these ideas just call us on 1300 78 79 94. You are under no obligation, and we guarantee to only offer the services that will benefit you.
Why not share this blog post to your families, friends or work colleagues and help them to save money too.
Regards
Priscilla Chandra.
