With some of the major lenders recently lifting interest rates on variable home loans, we’ve had a number of enquiries this week as to whether now is a good time to lock in an interest rate.
Home loans: to lock in the rate or not?
Recent home loan rate rises & what you can do to stop the domino effect
When one bank hikes its interest rates, the rest usually follow one after the other like dominos. Here’s the latest information on recent home loan rate rises & how to avoid getting caught up in the chain reaction.