Fixed? Variable? Or both?

With so much uncertainty surrounding who now has more control over setting mortgage interest rates – the Reserve Bank or the banks – it is timely to think about your loans and whether they are structured to suit your needs into the future. One of the most obvious considerations for your home mortgage is whether a fixed or variable rate loan is best for you.

Home loans – to fix or not to fix?

It is said that Aussies will bet on anything – even two flies crawling up a wall. Our bets have become a bit more sophisticated and now it seems the latest “bets” are taken between economic commentators on what the Reserve Bank of Australia (RBA) board will do to the cash rate on the first Tuesday of every month. The betting odds are pretty low so it won’t be commentators who will lose too much; it’s the mortgage holders who have more skin in this game.