Is It Time to Refinance? 4 Signs Your Home Loan Isn't Working for You

Loyalty rarely pays in lending. Many borrowers sit on a rate set years ago while newer customers are offered sharper pricing on the same product.

Sign one: your rate hasn't been reviewed in over 12 months. Sign two: your fixed term is about to expire and you're about to roll onto a higher revert rate.

Sign three: your circumstances have changed — a pay rise, a new job, or paid-down debt can unlock better pricing. Sign four: you're paying for features you never use.

Refinancing isn't always the answer; exit costs, valuation and application fees all matter. A quick review will tell you whether the numbers stack up.