Monday 5th May 2025
Why are so many borrowers switching home their home loans?

1. Interest rates at a RECORD low, meaning that property has never been cheaper to hold
2. Sydney and Melbourne markets expected to grow by up to 10% this year.
3. Regional markets now delivering capital growth, some by as much as 15-20%
4. The government’s new policy to back first home buyers with only a 5% deposit required
5. Negative Gearing & Capital Gains exemption benefits remain

Over 15 Million Homeowners are set to get a better deal and take advantage of these RECORD LOW interest rates and saving in the tens of thousands on their home loan.

The most recent RBA cuts have been passed on by the banks, but some more than others. Home would be crazy not to shop around for a better deal, potentially saving $100’s in their monthly expenses. Some homeowners are saying that the effort of switching from banks they have been with for years is all too much however this in itself keeps the banks happy as they know your loyalty allows them to avoid passing on the full rates cuts, especially on older home loans.

PLUS by using a broker, all of the hard lifting is done for Homeowners at zero cost to the home owner.

How you too can Get Started with an Expert Mortgage Broker?

Step 1: Select your property buyer situation below
Step 2: After answering a few questions we will partner you with an expert mortgage broker most suited to your needs

Homeownership in Australia has become a much harder dream to acheive however given the majority of the population own their home rather than renting, managing the cost associated with owning your own home only comes easy to those smart homeowners willing to shop around regularly for better home loan deals. I mean let’s face it, we’ve all been guilty of taking those extra few moments to assess the best deal on every day grocery items, good brands verse those that are on special…saving a few cents here and there. Why would you continue to find a better deal on your largest monthly costs?

Let have a look at home ownership across Australia (according to the ABS):

• New South Wales home ownership: 64% homeowners, 34% renters
• Victoria home ownership: 68% homeowners, 29% renters
• Queensland home ownership: 63% homeowners, 36% renters
• Western Australia home ownership: 70% homeowners, 28% renters
• South Australia home ownership: 69% homeowners, 30% renters
• Tasmania home ownership: 72% homeowners, 26% renters
• Northern Territory home ownership: 59% homeowners, 39% renters
• Australian Capital Territory home ownership: 64% homeowners, 34% renters

That’s a lot of Homeowners competing for a better deal. It’s never been a better time to get ahead on your repayments as well as finding a lower interest rate.

How you too can Get Started with an Expert Mortgage Broker?

Step 1: Select your property buyer situation below
Step 2: After answering a few questions we will partner you with an expert mortgage broker most suited to your needs