How hard is it to refinance when retired with good indexed retirement income and aged over 70? - our PPOR home loan has been reset with the same lender several times over the last 25 years - last reset at $300k in 2015 for 27 years with first 5 years interest only, now moving to P&I but 4.09% interest rate seems well above market and lender not prepared to move much at all, especially on further IO period. LVR less than 20%. Perhaps lender is counting on inertia or knows that at our age we will have trouble getting a new loan especially in post Hayne environment. The lender may also have noted our large offset balance which reduces their profitability (although the offset balance may soon be depleted by advances to offspring!). Advice welcome on how much leverage if any we have and how to exercise it.