Navigating Mortgage Moves: Expert Guidance Without Fees

Interest rates are on the move yet again with ANZ announcing rates of 2.79%. The media are as usual calling it a mortgage war but the banks margins still look super healthy at these levels.

if you've got a mortgage on a fixed rate much higher than 2.79% we know you are thinking "What do I do here?, Can I break? Should I break?, Where do i start?"

As usual it depends. In most cases it is not worth your while to break and re-fix, but in some cases it really is. It costs nothing to find out and check in with us every 2-3 months.

You should approach the current situation like this:

1) Get in touch with your bank and find out what the break fee is. They will tell you pretty quickly. It is non negotiable.

2) Get in touch with us with the break fees, details of your mortgage and give us a little time with you to understand what you are trying to achieve.

3) We will do a bit of number crunching, and take a sober view on whether you should make a move or not, and will come up with a mortgage strategy that is connected with your goals. At the worst we will tell you "It's not the right time yet" and suggest we reconnect in a few months. It will still be the start of a proper mortgage strategy.

We don't charge a fee because the banks pay us for servicing mortgages, and we are passionate about helping people to get their debt killed off years earlier. So do reach out and we will be happy to help.