Mortgage stress is rising in parts of Australia but refinancing in 2026 could be the solution.
If you’re a homeowner in Perth or Melbourne, reviewing your home loan could reduce repayments, unlock equity, or improve your financial flexibility.
Why Refinancing Matters in 2026
Many homeowners are currently:
- Sitting on rates negotiated years ago
- Paying loyalty tax
- Missing lender incentives
- Carrying high-interest debts
Lenders regularly offer sharper rates to new clients than existing ones.
If you haven’t reviewed your loan recently, you’re likely paying more than necessary.
Perth Market Insight
Perth homeowners have seen solid property growth in recent years. That means:
✔ Increased usable equity
✔ Strong refinancing positions
✔ Better lender competition
Melbourne Market Insight
Melbourne borrowers are seeing:
✔ Stabilising prices
✔ Competitive refinance incentives
✔ Increased lender flexibility
What Refinancing Can Do
Refinancing may allow you to:
- Reduce repayments
- Consolidate debt
- Fund renovations
- Access equity for investment
- Switch from variable to fixed (or vice versa)
If you’re feeling pressure, now is the time to review your loan. OnePoint Wealth helps Perth and Melbourne homeowners make informed refinancing decisions.