There is no one type of home loan that will suit all homebuyers' preferences. That said, choosing between a fixed or variable loan will depend on your personal situation, preferences, and level of understanding of interest rate movements.
For instance, if you prefer to have consistent monthly installments, a fixed loan may be more beneficial. On the other hand, if you want to save a few dollars on loan costs, you may consider a floating rate home loan since it is usually cheaper than fixed rate loans. But you'll need to save funds in case the interest rates increase.