To fix or not to fix? That’s the question on the minds of many Aussies across the country.
Fixing your home loan rate can give you financial peace of mind knowing your rate won’t change for a set period. And with fixed rates below 3% available, it's tempting to lock down a hot deal right now.
On the flipside, there are some super low variable rates around too, and with another RBA rate cut forecast for later this year, it might be worth holding out. Either way, Mozo director Kirsty Lamont says borrowers are spoilt for choice at the moment.
"Whether you choose to fix now, or just opt for a really competitive variable rate and see what happens later in the year, this is the perfect time to be refinancing or getting into the home loan market," said Mozo Director Kirsty Lamont.
To help you pick the right rate, we’ve rounded up some of the hottest offers for both variable and fixed mortgages below.