WA borrowers refinanced about $7.2bn of home loans to a new lender last quarter (2026 Q2), around 10.5% of the national total. Rates are set nationally, so the question is simple: is your rate still competitive? The sharpest variable rate we track right now is 5.69%. Tell us your rate and we check it against the live market.
Free, no obligation, no impact on your credit. If a refinance does not save you money, an accredited broker tells you to stay where you are.
Refinancing to a new lender is how households respond when their rate drifts above the market. Here is the external refinancing value by state for the latest ABS quarter (2026 Q2), largest to smallest. Rates are national, so wherever you are the check is the same.
Source: ABS Lending Indicators, external refinancing of housing loans, latest published quarter. Figures are the sum of owner-occupier and investor refinancing, rounded to the nearest million.
Your current rate, lender and rough balance. That is all we need to start.
We check your rate against what lenders are actually offering right now.
If there is a genuine saving, an accredited broker handles the refinance. If not, they tell you to stay put.
BillSense Home Loans arranges credit assistance through a qualified, accredited mortgage broker. A credit guide with licensing details is provided before any credit assistance. Questions? Contact us.
WA borrowers refinanced about $7.2bn of home loans to a new lender in the latest quarter (2026 Q2), based on ABS Lending Indicators. That is about 10.5% of all external refinancing across Australia, ranking Western Australia 4th of 8 states and territories. People refinance when their current rate drifts above the current market and there is a genuine saving to be had.
The sharpest owner-occupier variable rate we track nationally is about 5.84%, against an average of about 6.17%. Home loan rates in Australia are set nationally rather than by state, so a WA borrower and a borrower interstate see the same lender rates. Your actual rate depends on your loan size, your equity and your lender. These are advertised rates, not comparison rates, and a comparison rate reflects fees. Indicative only, not credit advice.
Tell BillSense your current rate, lender and rough balance. We compare it against the live national market. If there is a genuine saving, an accredited broker looks at a refinance for you. If not, they tell you to stay put. It is free, no obligation, and does not affect your credit.