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Mortgage myth: Even if I have a fixed loan, I can negotiate better rates if the opportunity arises

This is mostly TRUE. It pays to review your mortgage regularly. Even if your loan is fixed you could be better off 'breaking' and paying fees if necessary to get better rates and structure on your loan. You may even be pleasantly surprised to find there are no 'break' fees.The best thing is to talk to your mortgage adviser to find out whether this will be a worth while exercise.