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Fixed vs. Variable Home Loans – Which One is Right for You? 🏡💰 Choosing between a fixed and variable interest rate can impact your mortgage repayments and flexibility. Here are the key pros and cons: ✅ Fixed Rate: ✔️ Predictable repayments for a set period ✔️ Protection from interest rate hikes ❌ Limited flexibility (restrictions on extra repayments & redraw) ❌ Break costs if you refinance early ✅ Variable Rate: ✔️ More flexibility (extra repayments & redraw options) ✔️ Potential to save if ra
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Homeowners who don’t want to keep paying so much interest to the big banks should really think about switching to a 15-year fixed with Quicken Loans. Those paying a mortgage shouldn’t go another day without seeing this. (No need to worry - we are experts!) http://nani.gs/vubkWP | Quicken Loans
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