Boxing Day is often a day when consumers expect to find deeply discounted deals both in the brick and mortar stores as well as online. For those choosing to bypass the long lines, the heavy traffic, and the crowds, shopping through Web sites online could be the route to uncovering treasures. Gifts for others or for the shopper are not the only deals to be found, there are deals on low interest rate remortgages that could help a family budget and take the edge off of all the spending that occurred with the holidays.

Due to the remortgage deals on the market currently, homeowners have the opportunity to release cash and also have the benefit of saving money throughout the year with lower repayments. The cash released in a remortgage could be used to pay off generous holiday expenditures, fund a holiday in the new year, or reduce overall debt. With lower fuel and food costs, a release of cash could help a family budget go further.

Low interest rates and incentives from lenders tied to the remortgage deals are a result of lenders competing for attention from borrowers, which have been preoccupied with other priorities. While demand from homeowners remains weak, lenders should keep attractive deals offered, but once demand starts to rise, or global economic woes hinder lenders from offering low cost borrowing, the lowest interest rates will disappear.

While thinking of deals to be found on Boxing Day, don’t think only of the things that can be put in a package or be delivered to the front door. Shopping around online for a new remortgage could be the best deal and one that can make a difference for the family’s financial health for years to come.