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Hedge your bets with a split loan

By the resi financial blog team, 27 February 2014

Split home loans

With the Reserve Bank of Australia indicating that the days of rate cuts are coming to an end, it’s a good time to reassess whether the home loan you have is still the best one for your situation.

When rates are expected to increase, many think about fixing their mortgage. Fixed rates are attractive because of the certainty they provide but you don’t benefit from any fall in rates and you’re generally locked in until the end of the term – the most common being three years.

Variable loans are much more flexible but if rates rise, then your ...

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