Interest Rates • Refinance • Mortgage Strategy
Fixed rates are moving fast again. Here’s why acting now matters.
If you’ve been considering fixing part (or all) of your home loan, the last few weeks have made one thing clear: fixed rates are stepping up — and they can change without much warning. This post breaks down what we’re seeing and the practical options borrowers are using right now.
What we’re seeing in the market right now
Borrowers have been reaching out in big numbers because fixed rates are repricing quickly. We’re watching offers shift week-by-week — and in some cases, day-by-day.
Why it matters: fixed rates aren’t tied to the RBA in a neat, predictable way. Lenders can increase fixed rates whenever they like — and once they move, they rarely come back down quickly.
The takeaway is simple: if you want certainty, it’s worth reviewing options now while the best pricing is still available for your scenario.
Should you fix 100% — or just a portion?
There’s no one-size-fits-all answer. Fixing can give budgeting certainty, but flexibility still matters. That’s why many clients choose a split-loan strategy.
Common split strategies we’re running right now
- Part fixed / part variable: lock in certainty on a portion, keep flexibility on the rest.
- Offset-focused variable portion: keep cash buffers working while fixing a chunk for stability.
- Staged certainty: structure repayments so future increases are less likely to bite.
The right split depends on your goals, your cashflow, and how much “rate movement risk” you’re comfortable carrying. The key in the current environment: waiting for the “perfect time” can mean only seeing higher options later.
Why waiting can cost more than you think
The downside of waiting isn’t always obvious. A delay can mean you’re still able to refinance later — but you may be choosing from a more expensive set of fixed rates.
- Fixed rates can change quickly, and often without much public warning.
- When one lender reprices sharply, others frequently follow.
- Even small percentage changes can add up over the life of a fixed period.
Practical reality: the best time to review your loan structure is usually before the next repricing — not after it.
The good news: refinancing is faster than it used to be
Refinancing used to take months. Now, with clean documentation and a streamlined process, the turnaround can be dramatically quicker. We’ve invested heavily in making refinance smoother — and it’s paying off for clients who want to move fast.
We’re also able to support a “less back-and-forth” experience by preparing applications properly up front, which helps lenders assess faster and reduces delays.
Want a quick rate check before the next jump?
If you’d like, we can run a quick review of your current rate, structure, and what’s available right now — including whether fixing a portion makes sense for your plans.
Note: This is general information only and doesn’t consider your personal objectives, financial situation, or needs.