Article written by Jinal Doshi
Senior Broker
Interest Rate Uncertainty Has Borrowers Reconsidering Their Mortgage Strategy
With the Reserve Bank increasing rates again in 2026 and ongoing cost of living pressure impacting Australian households, more borrowers are asking the same question: Should I fix my home loan?
Searches for terms like “fixed rate mortgage” and “should I fix my home loan” have surged in recent months as borrowers look for certainty in an uncertain market. But while fixing your rate can provide stability, it is not always the right move for every borrower.
The real question is not simply whether fixed or variable is better. It is whether your loan structure still suits your goals, cash flow and future plans.
What Is a Fixed Rate Home Loan?
A fixed rate home loan locks in your interest rate for a set period, typically between one and five years. This means your repayments stay the same during the fixed term and you gain certainty around budgeting.
The Trade-Offs Borrowers Often Overlook
While fixed loans offer certainty, they can also reduce flexibility. Depending on the lender and loan structure, fixed loans may limit additional repayments, restrict redraw access or include break costs if circumstances change.
When Fixing Your Loan May Make Sense
A fixed rate loan may suit borrowers who prefer repayment certainty, are concerned about further rate rises or want stability for the next few years.
When Variable May Still Be Better
Variable loans continue to suit many Australians because they offer greater flexibility, including offset accounts, redraw access and easier refinancing opportunities.
A Split Loan Could Offer the Best of Both Worlds
One strategy becoming increasingly popular is a split loan. This allows borrowers to fix part of their loan for certainty while keeping part variable for flexibility.
The Bigger Question: Does Your Loan Structure Still Suit You?
Many borrowers have not reviewed their loan structure in years. A structure that suited you in 2021 may no longer suit you in 2026.
At Rogerson Kenny Finance, we help clients look beyond just the headline interest rate. We focus on structure, flexibility, cash flow and long-term strategy.
Speak With a Lending Specialist
If you are unsure whether fixing your loan makes sense, now is the time to review your options. A simple lending review may uncover opportunities to reduce repayments, improve flexibility and better align your loan with your goals.
Still got questions?
call us on (03) 9802 2533
Email us: info@rogersonkenny.com.au to talk through your options.
*Disclaimer: This article is general information only and does not take into account your personal circumstances. Always seek professional advice before making financial decisions.*
Jinal Doshi as a Senior Broker at Rogerson Kenny Finance, bring 7+ years of experience in home loans, investments, refinancing, and commercial lending. Committed to trust, transparency, and excellence, In addition, is recognized with multiple industry awards.
