Hi folks I was looking to fix a portion of my account (can't resist 2.29% rate!) and have the other portion on a variable rate. I was then told that I need to split the loan first, went through the process, fill the consent form etc. As part of the process, they ask if we have any recent major change in our financial situation... My missus is currently on maternity leaves and is due to return to work in October. However, our combined have increased a fair chunk since we last spoke to the bank. All in all, we are very comfortable (esp. with the recent 0.75% decrease in IR) with the repayment etc. The bank broker said that there shouldn't be any issue and our case seems simple enough and can be fast-tracked. But... Today, I was told that we need to be re-assessed again. Hang on, I am not actually looking to borrow more? If anything, we're lowering our repayment quite substantially by fixing a portion of the loan? Does this sound right to anyone? Or is this part of the covid effect?