What to know before you switch to a fixed rate home loan
ABC Everyday When weighing up whether to switch to a fixed rate loan, theres more to consider than just the rate. ( Share Print text only Cancel Interest rates are at record lows. And while thats bad news for your savings account, its good news if you have a home loan. One question you might be wondering is whether to lock in your repayments by switching to a fixed rate mortgage. There are pros and cons, so here are some important things to consider before you make your decision. Fixed rate loa...
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Source: abc.net.au