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Time to think about fixing rates?
Published 5 months, 1 week ago
Description
It's hard to believe that during the Covid crisis, nearly half of all mortgages were being 'fixed' - today the level is less than 5 per cent. With economists calling the end of the cutting cycle for the RBA, early movers could gain a serious competitive advantage if they fix their borrowing costs in the months ahead.
Sally Tindall, data insights director at Canstar joins Associate Editor - Wealth, James Kirby in this episode.
In today's show, we cover:
- Back from the dead: Fixed rates return to centre stage
- Why we may already be looking at the bottom for bank mortgage rates
- 'Split mortgages'- a bet both ways?
- The outlook for deposit rates
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