What to do if your fixed rate loan term is nearing the end

Nov 14, 2019 6:15:00 AM

If your fixed rate loan term is nearing its end, there’s never been a better time to review your mortgage. With interest rates at historic lows, you’ll need to decide whether to roll again for another fixed term or take advantage of cheaper variable rates and pay down some serious debt. Be aware though, if you do nothing, lenders may simply put you onto their most expensive variable rates, so it’s vital you take some action. Here are your options:


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Topics: Refinancing Options, Variable versus Fixed, Variable Interest Rate, Fixed Interest Rate, Financial Advice, refixing, Australia Mortgage Broker

Fixed vs. variable – how to choose

Apr 23, 2018 10:10:53 AM

Should you lock in your interest rate for a fixed period? Or take a chance on interest rates dropping even further and choose a variable rate? Unfortunately, there’s no simple answer to these questions. To help you make an informed decision, we’ve outlined the pros and cons of fixed and variable interest home loans.


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Topics: Mortgage Broker, Australia Property, australia finance, mortgage stress, Mortgage Debt, Variable Interest Rate, Fixed Interest Rate