For some time now, it appears to be as if the brand new Kiwi approach to refixing mortgages possess been to merely refix at the low speed available at this new duration of rollover – Normally the several day rate!
Immediately whenever interest rates was in fact taking place, this might have worked pretty much for many people. However, as we know, that is not the way it is it is therefore positively worth convinced a little while a little more about how you will refix and getting particular suggestions from your mortgage adviser!
Here is five some thing i, since financial advisors, imagine when coming up with an advice to you personally. It’s worthy of noting that everybody have an alternate condition so it’s crucial that you get personalised suggestions centered on your own situation and you may this new lower than is simply standard recommendations!
Rates of interest: Definitely, first we go through the prices the bank has considering you. Rates was a key point for the determining how long so you’re able to fix a home loan. (more…)
