August 12, 2025

newswire-business

Mortgage

Mortgage refinancing soars as Aussies chase better rates

Cash-strapped Aussies are tipped to rush out and refinance their home loan, should the Reserve Bank of Australia cut interest rates again on Tuesday. Fresh data released by Mortgage Choice shows there was a 22 per cent spike in the number of Australians looking to refinance over the June quarter thanks to an interest rate

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