{"id":2487,"date":"2022-05-03T06:23:50","date_gmt":"2022-05-03T06:23:50","guid":{"rendered":"https:\/\/royabhishek.in\/urbanbuyer\/rba-lifts-rates-so-is-it-time-to-refinance\/"},"modified":"2022-05-03T06:23:50","modified_gmt":"2022-05-03T06:23:50","slug":"rba-lifts-rates-so-is-it-time-to-refinance","status":"publish","type":"post","link":"https:\/\/royabhishek.in\/urbanbuyer\/rba-lifts-rates-so-is-it-time-to-refinance\/","title":{"rendered":"RBA lifts rates – so is it time to refinance?"},"content":{"rendered":"

[ad_1]
\n<\/p>\n

Concerns the Reserve Bank of Australia (RBA) will significantly raise interest rates this week has triggered fear in Australian home owners and investors who face the prospect of repayments they<\/p>\n

\n

The Reserve Bank of Australia (RBA) has lifted its official cash rate by 25 basis points to 0.35 per cent, the first such upward movement since November 2010.<\/p>\n

With markets pricing in\u00a0the virtual certainty of another\u00a0rise in June to take the cash rate target to at least 0.5 per cent,<\/span>\u00a0there is a degree of fear among many home owners and investors who face the prospect of repayments that stretch already-pressured household budgets.<\/p>\n

If passed on in full by banks, the rate rise will add more than $50\u00a0a month to repayments on a $500,000 mortgage, and double that on a million-dollar loan.<\/span><\/p>\n

Whatever the outcome for individual property owners or investors, industry leaders suggest there are numerous ways to prepare your mortgage and minimise interest rate rise shockwaves.<\/p>\n

Time to refinance?<\/strong><\/p>\n

Now is the perfect time for homeowners and investors to review the interest rates attached to their borrowings.<\/p>\n

\"Zippy<\/p>\n

Zippy Financial director and principal broker Louisa Sanghera<\/p>\n<\/div>\n

Zippy Financial Director and Principal Broker Louisa Sanghera said as interest rates rise it will become harder to qualify for a new loan and is all the more reason to refinance.<\/p>\n

\u201cA 0.25 per cent difference to an investor not only eats away at their income, but it can make a difference to them being positively or negatively geared, which in turn could cost them in tax,\u201d she said.<\/p>\n

According to Two Red Shoes founder and mortgage broker Rebecca Jarrett-Dalton, if you haven\u2019t reduced your rate during the last two years, you should definitely look at refinancing.<\/p>\n

\u201cVariable rates are so competitive, why wouldn’t you try and save some interest?\u201d Ms Jarrett-Dalton said.<\/p>\n

SMATS Group mortgage broker Carolyn Xaftellis agreed one of the best reasons to refinance a home loan was to lower the interest rate on an existing loan.<\/p>\n

\u201cRefinancing can be a great financial move if it reduces your home loan repayment, shortens the term of your loan, or reduces the amount of interest you pay across the entire loan term.<\/p>\n

\u201cOn a $500,000 principal and interest loan a drop of 0.5 per cent will save $135 per month,\u201d Ms Xaftellis said.<\/p>\n

However, it\u2019s not just the interest rate that will make an impact.<\/p>\n

\u201cIt\u2019s important to look at initial and ongoing fees and the use of interest reducing facilities such as an offset account,\u201d she said.<\/p>\n

\u201cAn offset account with an average balance of $25,000 on a 3.19 per cent principal and interest loan will save $797 per year in interest costs, which will reduce the balance of the loan and overall loan term,\u201d she said.<\/p>\n

Paying regular attention to changes in lender offerings is also important, suggests SMATS Group Senior Finance Executive (Victoria), Bridget Bowman.<\/p>\n

\u201cIf your current lender is not prepared to offer a competitive rate, there will be another lender that will.<\/p>\n

\u201cThis can often result in savings of thousands of dollars over the course of a year, so it\u2019s definitely worth asking the question,\u201d Ms Bowman told API Magazine<\/em>.<\/p>\n

Fixing the problem<\/strong><\/p>\n

The decision whether to fix a rate or go with the variable alternative is, according to Ms Jarrett-Dalton, \u201ccrystal ball territory\u201d.<\/p>\n

\"Two<\/p>\n

Two Red Shoes founder Rebecca Jarrett-Dalton<\/p>\n<\/div>\n

\u201cThis one is a very hard one to answer,\u201d Ms Jarrett-Dalton said.<\/p>\n

\u201cThe standard caveat applies \u2013 it depends on your personal needs and circumstances, how long you plan to keep the property, how much extra you can repay, etc, but more than this, if you are fixing a rate right now you are effectively giving yourself a rate increase before the banks do so,\u201d Ms Jarrett-Dalton said.<\/p>\n

This is because the offered fixed rates currently are an average of 1 per cent to 2 per cent higher than variable rates.<\/p>\n

Borrowers are largely ditching fixed rate home loans<\/a>. Fixed rate lending is, at 28 percent of new lending in February, way down from a peak of 47 percent in July last year.<\/p>\n

\u201cYou might still think this is worthwhile if it lets you sleep at night or if you think rates will rise more than this amount during the term you choose.<\/p>\n

\u201cFor example, two-year fixed rates are hovering on average in the high 3 per cents; do you think variable rates will rise more than one full per cent within the next two years for you to have been better off in your fixed rate from now?\u201d<\/p>\n

Mortgage Choice and Smartline National Sales Director David Zammit said ultra-low fixed interest rates are now a thing of the past.<\/p>\n

\u201cTo put things into perspective, the lowest fixed rate on the Mortgage Choice panel of lenders today is 2.69 per cent p.a. and the lowest variable rate offered by a lender on our panel is 1.89 per cent,\u201d he said.<\/p>\n

\u201cBorrowers are responding – Mortgage Choice home loan submission data showed that in March, 20 per cent of loans had a fixed component (80 per cent variable) compared to March last year when 39 per cent of loans had a fixed component (62 per cent variable).\u00a0<\/p>\n

\u201cThat said, RBA rate rises will push up the cost of variable interest rates.<\/p>\n

\u201cThose borrowers looking for certainty will still favour fixing their rate so they know their maximum repayments for that period of time,\u201d he said.<\/p>\n

Making mortgage calculations <\/strong><\/p>\n

The quickest way to assess how a rate rise will impact a homeowner or investor is to use their lender\u2019s online repayment calculator, says SMATS Group\u2019s Bridget Bowman.<\/p>\n

\u201cThis allows customers to determine how much a percentage rate rise will impact them in terms of dollars.\u201d<\/p>\n

Ms Jarrett-Dalton said there is much that goes into a loan assessment, so it\u2019s not as simple as only using a calculator.<\/p>\n

\u201cBut if you\u2019re going to, avoid the borrowing capacity calculators as these are very rough only – and stick to a simple loan comparison or simple maths; your current loan balance, multiplied by the potential interest rate saving, then divide this by 12 if you\u2019d like a monthly figure,\u201d she said.<\/p>\n

After entering the loan amount and interest rate, Ms Sanghera recommends increasing the interest rate in the calculator by 0.25 per cent increments to see how their mortgage could potentially rise.<\/p>\n

\u201cI would recommend doing this up to, say, an interest rate of five or six per cent.<\/p>\n

\u201cIf you are worried you cannot manage the potential repayments, then you should go and speak to your broker, who can restructure the debt to reduce repayments, or they could look to fix the interest rate on your home loan,\u201d she said.<\/p>\n

Rates and property prices <\/strong><\/p>\n

Historically, rate rises have led to property price growth being restricted<\/a>.<\/p>\n

\u201cWe are already seeing our clients paying under the asking price and sales agents advertising \u201cprice adjusted\u201d so prices are already slowing down,\u201d Ms Sanghera said.<\/p>\n

Ms Jarrett-Dalton has also witnessed hesitancy from property owners.<\/p>\n

\u201cPeople are factoring in price drops.<\/p>\n

\u201cIf they aren’t yet in the market, they are also hopeful and waiting for a bargain.<\/p>\n

\u201cThis is in itself a little bit self-fulfilling.<\/p>\n

\u201cDefinitely as rates rise and it’s a little harder and dearer to borrow, this will have an impact but the biggest factor still seems to remain supply versus demand and this is without inward migration.\u201d<\/p>\n

While affordability is also a key concern<\/a>, Carolyn Xaftellis suggested the cost of borrowing is likely to remain well below long-term averages.<\/p>\n

\"Mortgage<\/p>\n

Mortgage Choice and Smartline national sales director David Zammit<\/p>\n<\/div>\n

\u201cThere will be continued housing demand for an extended period of time,\u201d she said.<\/p>\n

\u201cOther factors to consider are trends in labour markets, demographic patterns, supply levels and affordability, which will all play a key role in how housing markets perform in different parts of the county.\u201d<\/p>\n

Optimistically, REINSW CEO Tim McKibbin\u2019s overview is that in the current environment an interest rate rise is unlikely to result in too many mortgagors being pushed into difficulty.<\/p>\n

\u201cThrough APRA, banks are already required to build into a finance facility the capacity for a mortgagor to absorb additional costs to service the debt,\u201d he said.<\/p>\n

A rate rise is also likely to create competition between banks.<\/p>\n

\u201cThe competition between banks to win your business is going to be intense, so use your broker to make sure you get the best deal,\u201d David Zammit said.<\/p>\n<\/p><\/div>\n

[ad_2]
\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

[ad_1] Concerns the Reserve Bank of Australia (RBA) will significantly raise interest rates this week has triggered fear in Australian home owners and investors who face the prospect of repayments they The Reserve Bank of Australia (RBA) has lifted its official cash rate by 25 basis points to 0.35 per cent, the first such upward […]<\/p>\n","protected":false},"author":1,"featured_media":2488,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83],"tags":[],"class_list":["post-2487","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nRBA lifts rates - so is it time to refinance? | Urban Buyer: Buyers Agent & Advocates | Best Property Buyers For You<\/title>\n<meta name=\"description\" content=\"Concerns the Reserve Bank of Australia (RBA) will significantly raise interest rates this week has triggered fear in Australian home owners and investors\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/royabhishek.in\/urbanbuyer\/rba-lifts-rates-so-is-it-time-to-refinance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RBA lifts rates - so is it time to refinance?\" \/>\n<meta property=\"og:description\" content=\"Concerns the Reserve Bank of Australia (RBA) will significantly raise interest rates this week has triggered fear in Australian home owners and investors\" \/>\n<meta property=\"og:url\" content=\"https:\/\/royabhishek.in\/urbanbuyer\/rba-lifts-rates-so-is-it-time-to-refinance\/\" \/>\n<meta property=\"og:site_name\" content=\"Urban Buyer: Buyers Agent & Advocates | Best Property Buyers For You\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-03T06:23:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/royabhishek.in\/urbanbuyer\/wp-content\/uploads\/2022\/05\/rba.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"450\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"urbanbuyer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"urbanbuyer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/rba-lifts-rates-so-is-it-time-to-refinance\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/rba-lifts-rates-so-is-it-time-to-refinance\\\/\"},\"author\":{\"name\":\"urbanbuyer\",\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/#\\\/schema\\\/person\\\/e512343607f0603098a628b2f082e58d\"},\"headline\":\"RBA lifts rates – so is it time to refinance?\",\"datePublished\":\"2022-05-03T06:23:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/rba-lifts-rates-so-is-it-time-to-refinance\\\/\"},\"wordCount\":1400,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/rba-lifts-rates-so-is-it-time-to-refinance\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/rba.jpg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/rba-lifts-rates-so-is-it-time-to-refinance\\\/#respond\"]}],\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/rba-lifts-rates-so-is-it-time-to-refinance\\\/\",\"url\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/rba-lifts-rates-so-is-it-time-to-refinance\\\/\",\"name\":\"RBA lifts rates - so is it time to refinance? | Urban Buyer: Buyers Agent & Advocates | Best Property Buyers For You\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/rba-lifts-rates-so-is-it-time-to-refinance\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/rba-lifts-rates-so-is-it-time-to-refinance\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/rba.jpg\",\"datePublished\":\"2022-05-03T06:23:50+00:00\",\"description\":\"Concerns the Reserve Bank of Australia (RBA) will significantly raise interest rates this week has triggered fear in Australian home owners and investors\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/rba-lifts-rates-so-is-it-time-to-refinance\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/rba-lifts-rates-so-is-it-time-to-refinance\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/rba-lifts-rates-so-is-it-time-to-refinance\\\/#primaryimage\",\"url\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/rba.jpg\",\"contentUrl\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/rba.jpg\",\"width\":800,\"height\":450},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/rba-lifts-rates-so-is-it-time-to-refinance\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"RBA lifts rates – so is it time to refinance?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/#website\",\"url\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/\",\"name\":\"Urban Buyer: Buyers Agent & Advocates | Best Property Buyers For You\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":[\"Organization\",\"Place\"],\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/#organization\",\"name\":\"Urban Buyer\",\"url\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/\",\"logo\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/rba-lifts-rates-so-is-it-time-to-refinance\\\/#local-main-organization-logo\"},\"image\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/rba-lifts-rates-so-is-it-time-to-refinance\\\/#local-main-organization-logo\"},\"telephone\":[],\"openingHoursSpecification\":[{\"@type\":\"OpeningHoursSpecification\",\"dayOfWeek\":[\"Monday\",\"Tuesday\",\"Wednesday\",\"Thursday\",\"Friday\",\"Saturday\",\"Sunday\"],\"opens\":\"09:00\",\"closes\":\"17:00\"}]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/#\\\/schema\\\/person\\\/e512343607f0603098a628b2f082e58d\",\"name\":\"urbanbuyer\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d42f47275424a56c9f4cd9c6025919eb181020d3091ce065aac775fd89d9df2b?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d42f47275424a56c9f4cd9c6025919eb181020d3091ce065aac775fd89d9df2b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d42f47275424a56c9f4cd9c6025919eb181020d3091ce065aac775fd89d9df2b?s=96&d=mm&r=g\",\"caption\":\"urbanbuyer\"},\"sameAs\":[\"https:\\\/\\\/urbanbuyer.wpengine.com\"],\"url\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/author\\\/urbanbuyer\\\/\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/rba-lifts-rates-so-is-it-time-to-refinance\\\/#local-main-organization-logo\",\"url\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/wp-content\\\/uploads\\\/2021\\\/08\\\/UB-Logo-Colour.png\",\"contentUrl\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/wp-content\\\/uploads\\\/2021\\\/08\\\/UB-Logo-Colour.png\",\"width\":3920,\"height\":761,\"caption\":\"Urban Buyer\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"RBA lifts rates - so is it time to refinance? | Urban Buyer: Buyers Agent & Advocates | Best Property Buyers For You","description":"Concerns the Reserve Bank of Australia (RBA) will significantly raise interest rates this week has triggered fear in Australian home owners and investors","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/royabhishek.in\/urbanbuyer\/rba-lifts-rates-so-is-it-time-to-refinance\/","og_locale":"en_US","og_type":"article","og_title":"RBA lifts rates - so is it time to refinance?","og_description":"Concerns the Reserve Bank of Australia (RBA) will significantly raise interest rates this week has triggered fear in Australian home owners and investors","og_url":"https:\/\/royabhishek.in\/urbanbuyer\/rba-lifts-rates-so-is-it-time-to-refinance\/","og_site_name":"Urban Buyer: Buyers Agent & Advocates | Best Property Buyers For You","article_published_time":"2022-05-03T06:23:50+00:00","og_image":[{"width":800,"height":450,"url":"https:\/\/royabhishek.in\/urbanbuyer\/wp-content\/uploads\/2022\/05\/rba.jpg","type":"image\/jpeg"}],"author":"urbanbuyer","twitter_card":"summary_large_image","twitter_misc":{"Written by":"urbanbuyer","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/royabhishek.in\/urbanbuyer\/rba-lifts-rates-so-is-it-time-to-refinance\/#article","isPartOf":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/rba-lifts-rates-so-is-it-time-to-refinance\/"},"author":{"name":"urbanbuyer","@id":"https:\/\/royabhishek.in\/urbanbuyer\/#\/schema\/person\/e512343607f0603098a628b2f082e58d"},"headline":"RBA lifts rates – so is it time to refinance?","datePublished":"2022-05-03T06:23:50+00:00","mainEntityOfPage":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/rba-lifts-rates-so-is-it-time-to-refinance\/"},"wordCount":1400,"commentCount":0,"publisher":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/#organization"},"image":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/rba-lifts-rates-so-is-it-time-to-refinance\/#primaryimage"},"thumbnailUrl":"https:\/\/royabhishek.in\/urbanbuyer\/wp-content\/uploads\/2022\/05\/rba.jpg","articleSection":["Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/royabhishek.in\/urbanbuyer\/rba-lifts-rates-so-is-it-time-to-refinance\/#respond"]}],"copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/#organization"}},{"@type":"WebPage","@id":"https:\/\/royabhishek.in\/urbanbuyer\/rba-lifts-rates-so-is-it-time-to-refinance\/","url":"https:\/\/royabhishek.in\/urbanbuyer\/rba-lifts-rates-so-is-it-time-to-refinance\/","name":"RBA lifts rates - so is it time to refinance? | Urban Buyer: Buyers Agent & Advocates | Best Property Buyers For You","isPartOf":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/#website"},"primaryImageOfPage":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/rba-lifts-rates-so-is-it-time-to-refinance\/#primaryimage"},"image":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/rba-lifts-rates-so-is-it-time-to-refinance\/#primaryimage"},"thumbnailUrl":"https:\/\/royabhishek.in\/urbanbuyer\/wp-content\/uploads\/2022\/05\/rba.jpg","datePublished":"2022-05-03T06:23:50+00:00","description":"Concerns the Reserve Bank of Australia (RBA) will significantly raise interest rates this week has triggered fear in Australian home owners and investors","breadcrumb":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/rba-lifts-rates-so-is-it-time-to-refinance\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/royabhishek.in\/urbanbuyer\/rba-lifts-rates-so-is-it-time-to-refinance\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/royabhishek.in\/urbanbuyer\/rba-lifts-rates-so-is-it-time-to-refinance\/#primaryimage","url":"https:\/\/royabhishek.in\/urbanbuyer\/wp-content\/uploads\/2022\/05\/rba.jpg","contentUrl":"https:\/\/royabhishek.in\/urbanbuyer\/wp-content\/uploads\/2022\/05\/rba.jpg","width":800,"height":450},{"@type":"BreadcrumbList","@id":"https:\/\/royabhishek.in\/urbanbuyer\/rba-lifts-rates-so-is-it-time-to-refinance\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/royabhishek.in\/urbanbuyer\/"},{"@type":"ListItem","position":2,"name":"RBA lifts rates – so is it time to refinance?"}]},{"@type":"WebSite","@id":"https:\/\/royabhishek.in\/urbanbuyer\/#website","url":"https:\/\/royabhishek.in\/urbanbuyer\/","name":"Urban Buyer: Buyers Agent & Advocates | Best Property Buyers For You","description":"","publisher":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/royabhishek.in\/urbanbuyer\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":["Organization","Place"],"@id":"https:\/\/royabhishek.in\/urbanbuyer\/#organization","name":"Urban Buyer","url":"https:\/\/royabhishek.in\/urbanbuyer\/","logo":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/rba-lifts-rates-so-is-it-time-to-refinance\/#local-main-organization-logo"},"image":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/rba-lifts-rates-so-is-it-time-to-refinance\/#local-main-organization-logo"},"telephone":[],"openingHoursSpecification":[{"@type":"OpeningHoursSpecification","dayOfWeek":["Monday","Tuesday","Wednesday","Thursday","Friday","Saturday","Sunday"],"opens":"09:00","closes":"17:00"}]},{"@type":"Person","@id":"https:\/\/royabhishek.in\/urbanbuyer\/#\/schema\/person\/e512343607f0603098a628b2f082e58d","name":"urbanbuyer","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/d42f47275424a56c9f4cd9c6025919eb181020d3091ce065aac775fd89d9df2b?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d42f47275424a56c9f4cd9c6025919eb181020d3091ce065aac775fd89d9df2b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d42f47275424a56c9f4cd9c6025919eb181020d3091ce065aac775fd89d9df2b?s=96&d=mm&r=g","caption":"urbanbuyer"},"sameAs":["https:\/\/urbanbuyer.wpengine.com"],"url":"https:\/\/royabhishek.in\/urbanbuyer\/author\/urbanbuyer\/"},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/royabhishek.in\/urbanbuyer\/rba-lifts-rates-so-is-it-time-to-refinance\/#local-main-organization-logo","url":"https:\/\/royabhishek.in\/urbanbuyer\/wp-content\/uploads\/2021\/08\/UB-Logo-Colour.png","contentUrl":"https:\/\/royabhishek.in\/urbanbuyer\/wp-content\/uploads\/2021\/08\/UB-Logo-Colour.png","width":3920,"height":761,"caption":"Urban Buyer"}]}},"_links":{"self":[{"href":"https:\/\/royabhishek.in\/urbanbuyer\/wp-json\/wp\/v2\/posts\/2487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/royabhishek.in\/urbanbuyer\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/royabhishek.in\/urbanbuyer\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/royabhishek.in\/urbanbuyer\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/royabhishek.in\/urbanbuyer\/wp-json\/wp\/v2\/comments?post=2487"}],"version-history":[{"count":0,"href":"https:\/\/royabhishek.in\/urbanbuyer\/wp-json\/wp\/v2\/posts\/2487\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/royabhishek.in\/urbanbuyer\/wp-json\/wp\/v2\/media\/2488"}],"wp:attachment":[{"href":"https:\/\/royabhishek.in\/urbanbuyer\/wp-json\/wp\/v2\/media?parent=2487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/royabhishek.in\/urbanbuyer\/wp-json\/wp\/v2\/categories?post=2487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/royabhishek.in\/urbanbuyer\/wp-json\/wp\/v2\/tags?post=2487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}