Fixed rate loan popularity increasing

June 24, 2013
Steve Pratt

In May, Fixed-rate loans amounted to almost a third of all new loans submitted by Mortgage Choice brokers and approved by lenders , the  fourth consecutive month that demand for this loan type has risen. Ongoing discount variable rate home loans however remain the most popular loan type accounting for 38% of all approved loans.  See more at

Posted in: Interest rates

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