Refinancing is often done to seek a better interest rate or perhaps if you are fed up with your current lender. Refinancing is important to look at every 2 – 3 years of your current home loan to ensue that you are up to date with the best mortgage product available on the market.

Refinancing is also another good way for a finance broker to be able to assess your current financial situation and determine your goals for the future and help you achieve them. Refinancing can also help you save money and years off your current home loan.