I''ve read through some of the posts here and am confused by the cost of breaking my fixed rate back to variable? My current fixed rates are around 4.8-4.95%, with 6 months and 18 months left respectively.
Just wondering whether it will cost me much to break them and move to variable rates. I note that the variable rates are slightly higher/the same for the products.
Some posts seem to indicate banks can only charge if theyre losing out or something...i'd never heard this before?
Just wondering whether it will cost me much to break them and move to variable rates. I note that the variable rates are slightly higher/the same for the products.
Some posts seem to indicate banks can only charge if theyre losing out or something...i'd never heard this before?