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The reason why you pay break fees for fixed loans is that they borrowed money at fixed rates in order to lend you money at fixed rates. If market/variable rates go down and you break the loan, the funds you repay them will be lent out at lower margin. If variable rates go up, you may...

S Well when banks offer fixed rates they don't try to outsmart you either. The argument of beating the banks for fixed rates is so wrong. People who don't know how banks do their funding are clueless. Banks don't get funding from the RBA. They get their funding from deposits and from the...