HLIR009 Fixed? Variable? Or both? (444 words)

An article that clearly explains the pros and cons of fixed and variable rate loans.

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.