Refinancing could help undo damage of RBA rate rises | 7NEWS

7NEWS Australia published this video item, entitled “Refinancing could help undo damage of RBA rate rises | 7NEWS” – below is their description.

Well if you’re worried about what the recent rate rises will mean for your financial situation, you’re not alone. But there’s no need to sit waiting for the next hike. There are ways to deliver yourself the equivalent of 10 rate cuts today and wind back that repayment clock. For example refinancing from one of the big 4 banks, to a better quality rate could cut the average monthly payments. It could save you from almost 3 and a half thousand to under 3 grand, saving you $540 month.

7NEWS Australia YouTube Channel

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About This Source - 7NEWS Australia

Seven News is the television news service of the Seven Network and, as of 2016, the highest-rating in Australia. The news service draws upon overseas channels for select international coverage. The network’s Director of News and Current Affairs is Craig McPherson.

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