Some of the best home loans for investors and refinancers in June 2022

Variable interest rates are expected to rise further before the end of the year, with the RBA governor pledging to “do what it takes” to bring inflation under control. This could put more pressure on some Australian investors and refinancers, making it more important to compare available mortgage deals.

Even holders of fixed interest rate mortgages are not immune. No fixed-rate home loan lasts forever in Australia, and with expiry dates approaching for some of the borrowers who took out low-rate fixed loans at the height of the pandemic, the shock of the bill could be at the agenda.

Whether you’re currently looking to refinance a mortgage or want to upgrade to a more affordable loan when your fixed rate becomes variable again, it can be helpful to keep an eye on RateCity’s home loan rankings, which rank home loan offers according to their real value. Temporal Assessments™. As these ratings are updated daily, you can be sure to get a more accurate indication of the cost and flexibility of different home loan options at all times.

Some of the Best Refinance Home Loans

While interest rates are said to be on the rise, it is important to remember that Australian mortgage holders are holding $222 billion in their clearing accounts, with the average mortgage holder apparently four years ahead of their refunds. While these additional cushions may help protect a borrower from rising rates, borrowers who have been able to advance on their home loans may also be able to use this additional equity to refinance, as some low rate offerings require also a low rate loan. Value ratio (LVR).

Health, Wealth and Happiness Package

Momentum home loan

Winner of Best Refinance Home Loan, RateCity Gold Awards 2022

Winner of Best Refinance Home Loan, RateCity Gold Awards 2022

Some of the Best 2-Year Interest-Only Investor Home Loans

Investors hoping to manage their costs may be interested in an interest-only loan, which can help minimize their repayments. Although an interest-only term does not reduce the amount of principal owed and may mean the mortgage takes longer to pay off, costing you more in total interest charges, it may also provide relief. welcome in the short term.

Premium Home Loan Package

Fixed Rate Wealth Maximizer

Cash back

Receive $3,288 when you refinance a minimum of $250,000

Some of the best green home loans

Borrowers looking to refinance a mortgage with low interest rates and flexible features and benefits may see some value in going green. Provided the property meets the required green standards or you refinance to add green features, you may be eligible for discounted offers.

Green real estate loan

Winner of Best Green Home Loan, RateCity Gold Awards 2022

Winner of Best Green Home Loan, RateCity Gold Awards 2022

Sustainable real estate loan

Winner of Best Small Deposit Home Loan, RateCity Gold Awards 2022

Winner of Best Small Deposit Home Loan, RateCity Gold Awards 2022

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