Is It Time to Take On Fixed Rate Home Loans? Sibor and SOR have gone above 1%, a level we have not seen since 2008. With the increases, all in rates of floating rate loans are actually quite similar to the fixed rate home loans. You can view the effective rates easily at Compare Home Loans. Banks Have Been Adjusting To The Changes If you managed to refinance or reprice your loan to a fixed rate last month, you should have probably locked in a fairly good deal for yourself for a couple of years. Unfortunately, most of the banks have been quick to react to adjust the fixed rate home loans upwards so that it is not too far off from the floating rates. Get The Fixed Rates Before They Go Up! The banks are not sitting idle, in fact some of the banks are not only increasing the ......