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Interest rates > Fixed rates > Pricing
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Expiry of rates
Upon expiry of the fixed rate contract, the procedure is as follows:
- The home loan will automatically revert to the prevailing home loan base rate on the day following expiry or
- You may apply for a new fixed interest rate option two days before your current fixed interest rate contract has expired. If you accept the quotation, the new contract will only take effect post the expiry of the old contract and at the prevailing fixed interest rate.
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