Rate hike cycle claims $25,000 toll, say researchers

By John Kidman
Updated December 9 2023 - 8:35am, first published 8:30am
Negotiating a new home loan could save the average borrower $10,000 over two years. (Bianca De Marchi/AAP PHOTOS)
Negotiating a new home loan could save the average borrower $10,000 over two years. (Bianca De Marchi/AAP PHOTOS)

The number of stressed Australians opting to refinance their mortgage remains near record levels, but millions more are being urged to take the plunge with big savings still possible.

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