Financial and economic circumstances are forever changing and thanks to the pandemic, they’re changing now more than ever.
Regularly exploring the option of refinancing your home loan could be a good way to make sure you are getting the best option to suit your needs and objectives.
RAMS Mackay Franchise Principal Leon Owen says refinancing could offer an opportunity to get a more competitive rate and opens the possibility of a fixed rate home loan that could give some certainty in these periods of increasing interest rates.
“Our customers always ask about the benefits of fixing their interest rate as opposed to staying on a variable interest rate,” Leon said.
“The most common reason that our customers choose a fixed rate is to have some certainty in the repayment amount.
“So ‘no surprises’, make it a lot easier to budget and sleep easier at night.”
Leon says that recently rising property prices mean people may have more equity in their homes which could eliminate the need for Lenders Mortgage Insurance.
The experienced home loan specialists at RAMS Mackay deliver expert service necessary to assist you in making informed decisions about refinancing.
They can see you face to face at the newly renovated Rural View office or arrange to see you at a place and time that is more convenient for you.
“Our team places a priority on delivering a high level of service with the goal of improving every customer’s situation,” Leon said.
“The key to a successful refinancing decision is working with experienced people who really want the best long-term outcome for the customer and that’s what RAMS do!
And, you might be eligible for a refinance rebate.”
Interested locals should contact the friendly team at RAMS Mackay on 07 4863 4723 and speak to Leon or Eden situated in the Rural View office.
Disclaimer: This information is general in nature and has been prepared without taking your objectives, needs and overall financial situation into account. For this reason, you should consider the appropriateness of the information to your own circumstances and, if necessary, seek appropriate professional advice.
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