Would Refinancing Mortgages To Fixed 30 Year Loans Help Australians?

February 23, 2025 00:12:17
Would Refinancing Mortgages To Fixed 30 Year Loans Help Australians?
Digital Finance Analytics (DFA) Blog
Would Refinancing Mortgages To Fixed 30 Year Loans Help Australians?

Feb 23 2025 | 00:12:17

/

Show Notes

Today I want to look at the question of refinancing after the RBA rate cut, and whether a long term fixed rate mortgage in Australia would be a good idea. While the ‘big four’ banks have committed to passing on the full 0.25 percentage point RBA driven rate cut to their customers, meaning those on variable rates will have their interest rate reduced by that amount in the next few months, if your mortgage rate is currently in the high sixes or 7 per cent, then you should definitely look and see if you can get a better rate following […]

Other Episodes

Episode 0

June 17, 2021 00:18:07
Episode Cover

Oh Fed! - Rate Hikes Are Coming.... [Podcast]

The latest from the FED confirms rate hikes are coming sooner than expected. There will be consequences to our highly leveraged property market. Go...

Listen

Episode 0

September 07, 2023 00:04:30
Episode Cover

UK Property Prices Fall The Most In 14 Years!

UK house prices fell at their sharpest annual pace since 2009 after soaring mortgage rates curtailed how much buyers could afford, Halifax, one of...

Listen

Episode 0

February 10, 2020 00:05:21
Episode Cover

Property's Catch-22 [Podcast]

We discussed the property market with Australian Broker in an extended interview. This is a summary of the discussion. https://www.brokernews.com.au/news/breaking-news/the-catch22-in-the-housing-market-269893.aspx

Listen