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Forum: Australia

Feb 9th 2009, 1:40 pm

Replies: 64

Beware of selling your ozzy house on a fixed rate loan

Views: 4,994

Posted By Kalenge

Re: Beware of selling your ozzy house on a fixed rate loan

I'm assuming it's because the OP took out another mortgage with the same lender, but now at a much lower rate than what they previously had.

Forum: Australia

Feb 9th 2009, 1:26 pm

Replies: 64

Beware of selling your ozzy house on a fixed rate loan

Views: 4,994

Posted By Kalenge

Re: Beware of selling your ozzy house on a fixed rate loan

It's not specific to Australia. That's always the situation of a fixed rate loan. As the name suggests it's a Fixed rate over a Fixed period. If you break the terms of the agreement then it's...

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