Understanding fixed, variable and split rate home loans

Understanding fixed, variable and split rate home loans Should you fix your interest rate, opt for a variable one, or do both? We explain the benefits and considerations of all three options. Of all the decisions that need to be made when choosing a home loan, finding the best interest rate is one of the most important. After all, a rate that’s even 0.5% lower could save you thousands of dollars over the life of …

Econosights: Australian housing – impacts from the fixed rate mortgage “cliff” and risks to housing construction | AMP Capital

In this Econosights we look at some of the current issues in the housing market, including the the expiration of fixed rate mortgages and the outook for residential construction… Econosights: Australian housing – impacts from the fixed rate mortgage “cliff” and risks to housing construction Key points A large chunk of home loans that have been recently fixed at ultra-low rates will roll onto a variable mortgage rate that is 2-3 times higher. This is …