Good fixed rates still available

Fifteen lenders are still offering fixed rate home loans below the standard variable rate of 7.03 per cent said Denis Orrock from Infochoice. There are options available for borrowers trying to deal with interest rate rises, such as consolidating all loans with the one lender in order to get discounts, opting for a simpler loan, without features and putting aside the recent tax cut to make extra repayments.

Advertisement