How to wipe out most of your mortgage repayment increases - Sydney Morning Herald

You can act now and wipe almost as much off your mortgage payments as all the rate increases so far, simply by refinancing to a cheaper lender.

So far, your repayments in these circumstances would have increased by a lesser $424, to $3467, thanks to the RBA (from an average bank rate of 3.45 per cent to the now 4.7 per cent). How much would… [+1557 chars]

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