Everyone wants to pay less on their mortgage, and refinancing is one strategy to help lower your interest rates – but is it worth it? We take a look at how you can get the most out of refinancing. Why refinance? Generally, people refinance to negotiate a better deal on their home loan and pay it off sooner. Depending on your situation, you should be able to save money by taking advantage of lower interest rates, or new products that weren’t available when you first negotiated
As you may have heard, over the past 12 months there has been a Royal Commission into Misconduct into Banking, Superannuation and Financial Services. On Monday 4 February, the Government released the Final Report which contained recommendations around mortgage brokers which you may have read about. The Government also announced their response to the Final Report.
You may have heard about the recommendation that customers could pay a “fee for service” for Hobart Home Loans'