Fixed or variable? A look at how home loan rate options across Australia stack up

The Reserve Bank earlier this month raised its key interest rate 25 basis points to 2.6%, its highest level in nine years. Photograph: Dean Lewins/AAP

To fix or not to fix? That is the question many mortgage holders will be asking themselves amid the fastest run-up in interest rates since 1994.

The Reserve Bank earlier this month raised its key interest rate 25 basis points to 2.6%, its highest level in nine years. The consensus is that more rate hikes are all but certain.