Been told you're too old for a home loan?

Just wait; the perfect storm is approaching.

• Australian's over 50 are being told they may be too old for a home loan
• Skyrocketing property prices means more Australians are being forced to rent forever
• And this can lead to an increased risk of homelessness for older people who get sick and can't continue to work, and rent forever.

Refinancing isn’t for everyone or every financial situation.

Refinancing a mortgage can put you in a better interest rate, but still increase your debt. Before you jump on the refinance-the-mortgage ride, here's six occasions when it might not be right for you