Avoid the stress and worry associated with Reserve Bank announcements. Take advantage of our fixed rate special now… before it’s too late!
Sure interest rates are at the lowest they’ve been in years, but as the saying goes, “All good things must come to an end.” Therefore, you and I both know that it really is just a matter of time before the Reserve Bank of Australia (RBA) raises the official cash rate. And as we mutually understand, this, in turn, will then see bank’s raise variable home loan rates, which will mean you could be paying more for your home loan.
But, this does not need to be the case. Instead, it is possible to seek home loan repayment certainty for longer.
Help to Avoid Home Loan Rate Rise is Available
Our mortgage brokers can help you find suitable fixed rate home loans based on your circumstances. They can also help you take the guesswork out of home loan comparisons so you can find the most cost effective home loan for you.
So, if you’re seeking to protect yourself against rate rises, then a fixed rate home loan could possibly be the right solution for you. A fixed rate home loan will give you greater control over your finances. Plus, many fixed rate home loans now offer you increased flexibility and can be taken out for up to 5 years.
Knowing When to Take Out a Fixed Rate Home Loan
Of course, before you consider taking out a fixed rate home loan or refinancing you need to consider your own personal and financial circumstances. Most financial experts suggest that you refinance or fix your home loan if you are staying in your home long term. This will then allow you to recoup any costs and avoid paying any break fees.
It is also important for you to look critically at the costs of taking out a new loan and working out what you’ll save. If the savings outweigh the costs, then fixing your home loan may be a viable option.
Do you want to know more about our FIXED RATE SPECIAL?If so, thencontact eChoice NOWand find the right home loan for YOU today.
Written by eChoice