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Interest rates are coming down. Here’s what homeowners should know about refinancing

By Ama Samarasinghe, Lecturer, Financial Planning and Tax, RMIT University
Abdullahi Dahir Ahmed, Professor of Wealth Management, RMIT University

Refinancing means replacing your existing home loan with a new one – either from your current lender or a new one. Why? To take advantage of better loan terms.

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