Fixed home loan rates have been repriced across lenders in recent weeks, with many moving higher ahead of the March rate rise as markets anticipated further increases.
One clear change – sub-5% fixed rates have largely disappeared, with most offers now sitting higher as funding costs have risen.
Behind this, bond yields have been trending upward, reflecting expectations that interest rates may stay elevated for longer.
Fixed rates don't move directly with the RBA cash rate – they're driven more by funding costs and bond yields, which reflect where markets expect interest rates to go next.
What’s happening across loan terms
What this means now
Fixed rates are becoming less about chasing the lowest rate and more about certainty and planning – which is why many borrowers are now focusing on loan structure rather than headline pricing alone.
I can help you compare fixed, variable and split options and structure your loan around your plans in the current environment.
