Most mortgage brokers in Brisbane will recommend reassessing your home loan at least every two years. This doesn’t necessarily mean you have to refinance that often. But a regular reassessment is the best way to ensure your interest rate stays competitive. It’s also a good idea to think about refinancing whenever your fixed loan term is due to expire (at which point your interest rate will automatically roll on to the standard variable rate). Refinancing can also be beneficial if you want to consolidate personal debt or access the equity in your property.