Banks are trying to lure homeowners by offering them cash to refinance – NEWS.com.au

Banks desperate to attract new customers are throwing cash at homeowners in an attempt to lure them into refinancing their mortgage. A slew of financial lenders are offering thousands of dollars through cashback incentives to win over customers looking for better deal on their home loan.
A flurry of refinancing activity has occurred in the past six months, as existing borrowers seek to capitalise on cheap interest rates.
According to the Australian Bureau of Statistics, 113,000 people in the f…

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