Couple lose home loan complaint in face of $50,000 break fee
Fixed Rate Regret: Why Homeowners Are Rethinking Long-Term Mortgage Deals Mortgage rates are currently lower than many fixed-term agreements made in 2023. Photo: RNZ A recent case before the Banking Ombudsman highlights a growing concern for homeowners: the potential pitfalls of locking into long-term fixed mortgage rates. While the appeal of certainty is strong, the … Read more