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Why to Refinance

Here's a great example of why refinancing your loan is a must in the current marketplace…

Today we received confirmation from the bank that a refinance for a client had been approved saving the client $4,000 in the first year - ($333 per month), and approximately $120,000 over the course of their loan. This client came to us after reading about the RBA dropping the cash rate, and were wondering how this would affect their situation.