Bricks and Mortgage Pty Ltd’s Post

When you take out a mortgage, you will choose a variable, fixed or split interest rate. We’ll look at the pros and cons of a variable rate home loan. A variable home loan is a loan in which the interest rate varies over time. It can go up or down depending on the market and the RBAs official cash rate. Potential advantages: - Flexible loan features - Interest rate cuts - Ease of switching loans Potential disadvantages: - Interest rate rises - Budgeting challenges When deciding if a variable rate mortgage is right for you, consider your financial situation and personal attitudes. Get in touch with us today for help working out the right loan structure for your unique situation and goals. #bricksandmortgage #firsthome #financialwellness #financialfreedom #outsource #worksmart #trustedadviser #refinance #parramatta #parramattamums #finance #parramattariver

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