With a fixed rate home loan, you’ll know exactly what your repayments are and this may be really important if you’re on a tight budget. On the other hand, floating home loans are often more flexible and allow for things like extra repayments which could save you money in the long run.
Mike Pero Mortgage Advisers have access to a range of lenders, so they’ll be able to advise you on the options available. And if you already have a fixed rate mortgage and want to re-fix, they can negotiate to help you get a good deal. You can find your nearest Mike Pero Mortgage Adviser here.