Are you feeling mortgage stress?
Many mortgage holders are considering refinancing to reduce their mortgage repayments as interest rates rise. The benefits of refinancing your property depend on the current rate you’re receiving. We advise you to look closely at your financial position ahead of increasing interest rates to see whether you’re comfortable making repayments. If you're feeling mortgage stress, now is the time to explore the options available to put you and your family in a better financial position.
Here are four options for you to consider
1. Negotiate a lower interest rate
2. Switch to a cheaper home loan product
3. Consider fixing your interest rate
4. Consolidate your debts into your home loan
If you're looking for more ways to save, it's time to talk to our team of experts by making an appointment.