The big issue really isn't the rates available it's whether...

The big issue really isn't the rates available it's whether those trying to refinance can meet the serviceability test of 4.74% + 3% in order to be able to refinance to a better deal. There may be some that are simply stuck with their current lender and can only try to pressure them for a better deal.

Most lenders won't match what Unloan is offering but may get you down to between 5-5.5%. I do wonder if some may play not as nice though if they know someone won't qualify to refinance their loan elsewhere.