Fixed Interest Loans
Now is the time to fix your interest rates. Fixed rates appear to have reached their low point and now banks are raising their Fixed rate loans again in anticipation of longer term interest rate rises.
Whilst economists generally believe that Variable Rates may fall .1-.5% over the next year, most banks medium to long term forecast (as evidenced by their fixed rates) is for an increase.
So given we are close to the lowest fixed interest rate loans we have seen in the last 20 years, if you feel like you need security and and predictability for the next 3-5 years now is the time to lock in as Fixed Interest Rates are in our opinion unlikely to get lower in this economic cycle.
Call us on (02) 8006 8002 to discuss your Fixed Interest needs and we can recommend the most suitable loan for you from our panel of lenders or check out our Mortgage Calculator.
July 2009
