Can you Pick a winner on Cup Day! How about picking when to fix your Home Loan?
Can you Pick a Winner when Fixing Home Loans?
Trying to pick the time when fixed rates are at their lowest is like trying to pick the winner of the Melbourne cup. I prefer to treat fixing my home loan more like taking out insurance. By Fixing youknow what your repayments will be.
Several of the major banks have recently put their 3 year fixed rates up over 5.15%, however I currently have one lender offering a very special rate of 4.69%