Rateseeker Round-Up: April 2026 Property & Finance Update
As we move deeper into 2026, many Australian borrowers are reassessing where they stand financially. Interest rates have risen twice already this year, inflation pressures...
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When it comes to deciphering whether a fixed interest home loan or a variable rate mortgage is better for you, it comes down to preference, your current financial situation and what you want to get out of the home loan. Understanding the differences between variable and fixed interest rates can help you meet your financial goals. Some benefits of a variable interest home loan include:
- Benefits borrowers in declining interest rate markets because loan payments decrease.
- Offers more flexibility than a fixed home loan.
- It has more features, such as letting you make additional repayments to pay off the loan faster. Allows you redraw additional funds if you need them in the future.
- Many feature an offset account which helps reduce the amount of interest you pay.
