Interest rates can change from day to day, meaning that even if you’re approved for a home loan when rates are low, it could increase by the time you reach a settlement. A good way to take care of that is with a rate lock.
Fixed vs Variable rates. What kind of loan should you choose in the current property market? Find out more here.
The Reserve Bank (RBA) has raised the nation’s official cash rate (OCR) for the third month in a row in an effort to curb rising inflation.