- BreakEvenParticipant@breakevenJoin Date: 2006Post Count: 80
I just saw what effect the interest rate hike will have on my investment mortgages.
Ive asked this question before – fix or not to fix….
The response last time was a resounding – dont fix…
Just wondering if opinions have changed….???
BreakEvenv8ghiaMember@v8ghiaJoin Date: 2005Post Count: 871
Personal opinion of course – if you have no plans to refi in near future to pull out additional equity, and are in it for the long term, I would fix without any hesitation while the fixed rates are still <8%. You would then be one of the growing 20%+ people at the moment. Depending on who your loan is with, it is an easy process. All the best.BreakEvenParticipant@breakevenJoin Date: 2006Post Count: 80
I dont usually get investment advice from News Limited, but this was a top story….
It advised home owners to fix…