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Aussie Home Loans has seen more owner-occupiers refinance their mortgages than purchase property this financial year. The broking group’s figures for the 2015-16 financial year to date show 28.5 per cent of all home loans settled by Aussie were for refinancing by owner-occupiers, compared to 25 per cent for owner-occupier property purchases.

Aussie CEO James Symond said the group has not seen refinancing outpace property purchases like this in more than four years.  READ More: