❓ "What's the trend?"

❓ "What's a refinance?"

❓ "Why refinance?"

All fabulous finance questions!

📈 This graph is from the May Australian Bureau of Statistics (ABS) charts - the ABS collect and publish lots of data regularly.

What it shows is that there's INCREASING refinance activity.

WHY? Some people refinance for these reasons:

👩 Lower interest rate, when existing loan's no longer competitive

👦 Home renovations!

👩‍🦱 Use available equity for Investment property buying

👨 Other personal Investments (like shares)

👩‍🦰 An alternative to a car loan (top up)

👨‍🦰 Current structure not appropriate

👩 Fixed rate or Interest only has expired - restructure needed

There's Internal Refinance and External refinance options - often it's best to stay with a current lender, and other times another lender is best. We provide this finance advice for your interests.

Truly Finance's advice, financial services and property strategies are generally complimentary. We do this for the best interests of our clients and we relentlessly strive to be the best mortgage brokers with uncommon excellence!

James Brett. Principal Mortgage Broker ☎️ 0439 591 759

Victor Simone. Principal Mortgage Broker ☎️ 0438 257 888

Nermalee Bowe. Senior Mortgage Broker ☎️ 0431 274 554

Dragan Disljenkovic. BD & Relationship Manager ☎️ 0422 435 900

#WhyRefinance #Refinance #TrulyFinance #Finance #Mortgages #HomeLoans #BestMortgageBrokers #MortgageBrokers

Credit Representative Numbers 521733, 550284 & 547037 are authorised under Australian Credit Licence 389328