News & Updates
Owning your own home comes with the exciting opportunity to increase its value, ultimately building wealth for your future. Recent spikes in house prices, with an average increase of around 21% nationally last year, have led to a surge in property values. By leveraging the equity in your mortgage, you can invest in enhancing your home and lifestyle.
Fixed rate terms last for a set period of time that is prearranged between you and your lender. Fixed rate periods last between one and five years.
When your fixed rate term ends, your loan will usually revert automatically to the standard variable interest rate unless you have provided instructions to refix your loan.
If you are concerned about servicing your loan, reach out to a BlueSky Mortgage Broker for help.
As Australians everywhere take a close look at their financial circumstances, mortgage brokers stand ready to lend a helping hand.
