All finance quotes are provided free (via our secure server) and without obligation. We respect your privacy.
CAR LOANS
AUSTRALIA
SHARE
Share this news item!
Surge in Home Loan Refinancing as Borrowers Capitalise on Lower Interest Rates
Understanding the Recent Increase in Mortgage Refinancing Activity
0
The Australian Bureau of Statistics (ABS) reported a notable increase in home loan refinancing during the March quarter of 2025, with 65,030 loans refinanced between lenders-a 5.1% rise compared to the preceding quarter.
This surge is largely driven by shifts in the cash rate, which influence borrowers' negotiating leverage with lenders.
Financial experts suggest that refinancing often spikes following interest rate cuts, as borrowers seek to take advantage of lower rates and more favourable loan terms. The Reserve Bank of Australia's (RBA) recent rate reductions have prompted increased refinancing activity, with many lenders offering competitive deals to attract customers.
For homeowners, refinancing presents an opportunity to reduce monthly repayments, access equity for renovations or investments, and consolidate debts. However, it's essential to consider factors such as loan fees, the remaining loan term, and individual financial circumstances before proceeding with refinancing.
As the mortgage market continues to evolve, staying informed about interest rate trends and available loan products will empower borrowers to make decisions that align with their financial goals.
Published:Tuesday, 7th Oct 2025 Source: Paige Estritori
Small and medium-sized enterprises (SMEs) across Australia are experiencing a significant shift in financial strategy due to impending changes in tax debt regulations by the Australian Taxation Office (ATO). Effective from July 1, general interest charges (GIC) and shortfall interest charges (SIC) on tax debts will no longer be tax-deductible. With the GIC rate currently at 11. - read more
The Reserve Bank of Australia (RBA) has issued a cautionary statement to households, advising against excessive borrowing in anticipation of potential interest rate reductions. This warning aims to prevent the emergence of a boom-and-bust cycle that could destabilize the financial system. - read more
Welcome to Car Loans Australia, a proud member of the Financial Services Online network. Owned and operated by Clark Family Pty Ltd, A.C.N. 010 281 008, we are dedicated to helping Australian individuals and businesses find the best financial products, services, information, and advice available online.
calculatorWidget
knowledgeBaseWidget
Our Commitment
At Car Loans Australia, we do not endorse specific financial products or offer financial advice. Instead, we connect you with specialist financiers, insurers, or other financial advisors who can provide expert guidance based on your unique circumstances. Please note that Car Loans Australia may receive a fee or commission for these referrals.
Information and Guidance
The financial information on our website, including articles and news items, is intended for general informational purposes only. It should not be considered a substitute for professional advice. We strongly recommend consulting a qualified, licensed financial advisor to discuss your specific situation before making any financial decisions.
Connecting You with the Right Solutions
Our primary role is to facilitate connections between you and the right financial resources. Whether you need a specialized financier or an expert advisor, we aim to introduce you to professionals who can help you achieve your financial goals.
Contact Us
We are here to assist you with any questions or further information you may need. Please feel free to reach out to Car Loans Australia for assistance.
