Are mortgage refinancing offers worth it? | The Business | ABC News
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A record $19.9 billion home
A record $19.9 billion home loans were refinanced in February. Lenders want a slice of that pie, so they're offering incentives - from cash to free internet and frequent flyer points - to attract new customers. But are these deals worth it?
It comes as new data shows property prices have gone up nationally for first time in 11 months, despite rising interest rates. CoreLogic data shows Sydney led the monthly gains, while Hobart values dropped sharply.
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It comes as new data shows property prices have gone up nationally for first time in 11 months, despite rising interest rates. CoreLogic data shows Sydney led the monthly gains, while Hobart values dropped sharply.
Subscribe: http://ab.co/1svxLVE Read more here: https://ab.co/40yAFjD
ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation.
For more from ABC News, click here: https://ab.co/2kxYCZY
Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1
Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
Like ABC News on Facebook: Facebook: abcnews.au
Follow ABC News on Instagram: Instagram: abcnews_au
Follow ABC News on Twitter: Twitter: abcnews
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia
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