It’s no secret that for the better part of 2016 we were pretty vocal about letting you know that the banking landscape was full of great offers.

We were equally as vocal about highlighting that their shelf life was not guaranteed and at any time they could be withdrawn without notice.

Now, we are sorry to say, rates are on the up.

But this is not all doom and gloom, if you want to save on your home loan there are avenues still available and your Blackburne Mortgage broker can certainly show you how.

The first thing you need to ask yourself is “When was the last time I reviewed my home loan?”

If you have a hard time remembering or it’s been over 12 months, then the chances are you are missing out on potential savings, even if rates are starting to rise.

Different products have entered the market with different features so there may be a good chance that a simple switch with your existing lender may be answer.

However, a full refinance to a new bank can often mean thousands per year in savings for some clients, so a check on your products and how they fair against the competition is a worthwhile and overall pain free exercise.

Perhaps you have always considered fixing but have never gone ahead and taken the plunge. Fixed rates, while showing signs of increasing, are still sitting historically low.

If fixing is still something that you are a bit tentative about, combining it with a variable loan is not only possible, but can prove to be the best of both worlds.

If you have always shied away from a fixed rate loan thinking they are way too restrictive, you will be pleased to know that many banks have added more flexibility to their fixed products, so at least check them out, you may be pleasantly surprised.

If this all seems too hard and you simply don’t have the metal capacity to think after the silly season, then all is not lost.

At Blackburne Mortgage Broking we are having great success in simply asking lenders to give their existing clients a better rate. We have saved clients thousands in interest over the past year doing this and there is no reason why you can’t be next.