We have had a lot of interest rate rises over the last few months, with the cash rate now sitting at 1.85%. That is 1.75% higher than it was at the beginning of the year!
Mortgage holders considering fixing their home loan interest rate at the current rates on offer may need to think twice before doing so, according to one of the nation’s most awarded mortgage brokers.
It’s the age-old question: Should you fix your interest rate or not? Well, the answer is it really depends on you, as Kate Hill from Adviseable and Tina Howes from Smartmove Professional Mortgage Advisors discuss in their latest Property Finance Explained video series.