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Mortgage Market Stays Strong as Arrears Defy the Odds

Mortgage Market Stays Strong as Arrears Defy the Odds

Mortgage arrears in Australia remain at historically low levels, and experts anticipate they will continue to decline as interest rate cuts reduce pressure on borrowers, according to the latest data from property analytics firm Cotality. Arrears Edge Higher—But Still Historically Low Data from the March 2024 quarter shows a slight increase in mortgage arrears, rising […]

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Refinance demand is soaring as homeowners seek better mortgage deals. Don't overpay—contact us today to explore your refinancing options and save!

Refinance Boom: Homeowners Rush to Secure Better Mortgage Deals

With interest rates starting to decline, Australian homeowners are jumping at the opportunity to refinance their mortgages in search of better deals. The Reserve Bank of Australia’s (RBA) decision to cut the cash rate in February 2024—marking the first rate reduction in four years—has fueled a surge in refinancing activity. Major lenders, including Westpac, have

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