Episode 12 – Fixed Rates Rising and Variable Not Budging
Welcome to the twelth episode of the Expat Mortgage Podcast where we discuss the latest issues of securing and maintaining an Australian mortgage whilst you are a Australian expat.
Interest rates are the theme of the month with everyone having an opinion on whether its best to retain a variable or fixed rate mortgage.
In today’s episode we discuss what the difference is between a fixed rate versus a variable rate loan and what Australian expats need to be aware of when planning for future interest rate rises.
While the Reserve Bank of Australia has been adamnet about interest rates not changing until 2024 the money market and rates being offered by the banks suggest otherwise.
Discussion Points on Todays Podcast Episode
In this episode we discuss the differences between a fixed interest rate and variable interest rate mortgage.
Some of the key points we consider include:
- What is fixed interest rate loan?
- What is a variable interest rate loan?
- What does an Australian expat need to consider when looking at either or both options?
- What is the better option in a rising interest rate environment?
Learn More About Atlas Mortgages
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The Expat Mortgage Podcast is all about helping Australian expats secure and maintain a Australian mortgage whilst they’re living and working overseas.
Atlas Mortgages works with Australian expats in over 30 countries and we make it our job to speak to 30 Australian Mortgage Lenders and review over 500 Australian Mortgage products to ensure that not only can you that mortgage as a Australian expat but also provide you with a loan that is right for you and your circumstances.
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