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Should I consider refinancing?

Author: Rob Farley-Odgers

Date: August 15, 2023

If you got your home loan a fair while ago, you might be paying too much! According to the Australian Competition and Consumer Commission (ACCC)’s latest report, many Australians with older home loans continue to pay significantly higher interest rates than borrowers with newer home loans, potentially costing them many thousands of dollars over time.

So what can you do about it? Speak to Your Village Mortgage Brokers today!

With a quick chat, we can see if there’s a better deal for you in the market. We’ll compare your current interest rate to what we know is available, without you running around town. If you agree, we can negotiate with your current lender for a better deal. If they won’t come to the party, re-financing to another lender might be the stop that saves you money. With just a bit more information from you we can help find a better lender that you’re comfortable with. We’ll then give you a formal comparison on the value of switching and when you’re ready, we’ll complete an application with you and help you through the process.

But that’s not all! Once we’re done with the switch, Your Village Mortgage Brokers will keep an eye on your loan so that your rate remains competitive, giving you peace of mind into the future.

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