Fixed rate versus variable loans

Fixed rate versus variable loans

Fixed rate versus variable loans Fixed rate loans A fixed rate loan is one that maintain the same interest rate over a set period of time regardless of market fluctuations in interest rates. A fixed rate home loan can offer stability for those conscious of a budget...
What is the cash rate and how could it impact me?

What is the cash rate and how could it impact me?

What is the cash rate and how could it impact me? The cash rate can have a significant impact on home loan repayments. When interest rates are low, it can make it easier for people to buy a home or refinance their existing mortgage, as their repayments will be lower....