Fixed Rates in Favour for Home Loans

Fixed rates are the norm for Medical 0829 Sooner Solutions logo email and webEquipment Finance, and they’re now a much larger percentage of the loans for residential mortgages at over 33%, according to Mortgage Choice.  It appears that I’m not alone in the opinion that we’ve seen the bottom in this rate ‘cycle’.  While variable rates remain more popular, it’s surprising that over 23% of borrowers have undiscounted rates.  They all need the services of a good finance broker.

Leave a Reply

Your email address will not be published. Required fields are marked *

 

This site uses Akismet to reduce spam. Learn how your comment data is processed.