
Rate lock: how does it work?
A rate lock is an optional feature that may be available to applicants of fixed-rate home loans.
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A rate lock is an optional feature that may be available to applicants of fixed-rate home loans.

New data from the Australian Bureau of Statistics (ABS) has revealed that a large number of borrowers throughout the country are refinancing their home loans.

Have you considered consolidating your debt? This can be beneficial for a number of reasons but it may not be right for everyone. We explore.