Fixed or Floating?

It certainly pays to shop around when looking for a mortgage and mortgage brokers can often be helpful in finding the best deal. Remember that things like upfront fees are often negotiable.

Your first decision is whether to go for a fixed rate or a floating rate. Normally the wise thing to do is a mixture of both but with fixed rates now starting to trend upwards  it is worth considering  locking in a fixed term mortgage while the going is good.

Here are our Top 5 mortgage rates from banks.