Refixing & Refinancing Your Mortgage
Getting financial advice when refixing or refinancing your mortgage
When your fixed mortgage rate is about to expire, or you’re wondering if your current home loan is still competitive, it’s time to review your options.
At Cole Murray Financial Advisers, we help homeowners across New Zealand make smart decisions when refixing or refinancing their mortgage, ensuring their loan structure, interest rate, and repayments still align with their financial goals.
Whether you’re coming off a fixed term, looking to reduce repayments, consolidate debt, or access equity, we’ll guide you through the process clearly and strategically.
Refixing your mortgage
Refixing means choosing a new fixed rate with your current lender when your existing fixed term ends. Too many borrowers simply accept the bank’s rollover rate, without getting mortgage advice.
This is the right time to:
- Review your interest rate options
- Reconsider your loan structure
- Adjust repayments
- Fix for a shorter or longer term
Refinancing your mortgage
Refinancing means moving your home loan to a different lender (or restructuring it significantly).
You might refinance to:
- Secure a lower interest rate
- Access better loan features
- Release equity for renovations or investment
- Consolidate personal debt
- Improve cash flow
- Negotiate cashback or incentives
We compare lenders across the market to see if switching makes financial sense. Including factoring in break fees, legal costs, and potential cash contributions.
Useful refixing & refinancing articles
Explore our guides to help you make confident mortgage decisions:
Why reviewing your mortgage matters
Even a small difference in interest rate can save (or cost) tens of thousands over the life of your loan.
A structured mortgage review ensures:
- You’re not overpaying
- Your repayments match your current income
- Your loan structure reflects your goals
- You’re prepared for future rate movements
Don’t let your mortgage roll over without reviewing your options.
Contact Cole Murray Financial Advisers today for a personalised refixing or refinancing consultation.
A smarter structure today could mean significant savings tomorrow.