A consumer-facing e-book by Jane Slack-Smith (Investors Choice Mortgages) explaining the pros and cons of fixing mortgage interest rates in Australia. It covers historical performance of fixed vs variable rates, practical features and constraints of fixed loans (offsets, redraw limits, break fees), decision criteria for borrowers, tax/interest-in-advance considerations, and includes a fixed-rate suitability assessment form and contact details for brokerage services.
Questions this document answers
Jane Slack-Smith
391985
1800 464 810
Approximately 7.5% p.a.
A cited example: 3-year fixed at 16.5% while variable dropped to 10% within 2 years.