A client’s financial circumstances will be the main driver to fixing the home loan interest rate or not. A fixed rate makes it easier to plan ahead with home loan repayments. Affordability should be assessed before fixing an interest rate – it should be compared to the client’s needs and what he/she can and will be able to afford. It is suggested to gather as much information possible, plan the financial outlook realistically and familiarize yourself with the terms and conditions of your home loan agreement. Never be afraid to call on the experts for some more advice.