DEMAND for home loans has fallen to the lowest level in four years, fuelling the possibility of an interest rate cut as early as next month, an economist says. Finance commitments for owner-occupied housing fell 3.7 per cent in June, seasonally ... Low rates in turn lead to bigger savings from your monthly payments. And with a refinance mortgage loan, you can take advantage of this basic financing concept and reduce your monthly repayments while at the same time, increase your monthly savings.
