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I want to refinance but I’m on a fixed rate. Can I?

Mark Bristow
May 5, 2017( 1 min read )

People on a fixed rate can apply for a variable rate, however your current lender is likely to charge a hefty break free for terminating your fixed rate early, which might not make it cost-effective for you to switch. It is best to work out what these break fees are first so you know what costs you are in for. Seek advice.

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