Fixed rate home loans: Benefits and drawbacksConsidering a fixed rate home loan? A fixed rate home loan locks in your interest rate – and therefore your home loan repayments – for a certain period of time. After a borrower's fixed rate period ends, their lender will generally reach out to negotiate another fixed rate period or a variable rate to 'roll on' to. Fixed rate home loans typically offer fewer featuresFixed rate home loans also tend to provide less flexibility than variable rate home loans. Compare some of the best fixed rate home loans available nowCheck out some of the best fixed rate home loans available in the market today in the table below.