Does your mortgage measure up? refinancing
your existing mortgage may help you unearth a better deal and save you thousands. With the average consumer holding their mortgage for just 3.9 years, mortgages are no longer lifelong obligations.
Refinancing is big business. Consumers are taking advantage of historically low interest rates
, improved product features and a seemingly infinite array of products to choose from.
It's a myth that you need to be in financial difficulty to consider refinancing. Numerous situations may prompt you to sound out the market to see if refinancing can provide you with more flexibility or better still, cut down your monthly repayments. Whether you're thinking of renovating, need to free up cash using your home equity, or simply believe you are paying too much in interest, it's worth having a look at what's out there - the mortgage landscape is constantly evolving.
It can be confusing to know whether to get a variable rate or fixed rate mortgage, and what features are important. That's why it's important to not only check the right rates, but make sure that you're getting the right features in your home loan. Get help choosing the right home loan