As everyone awakes from winter hibernation, many people’s thoughts turn to selling or buying a home in spring. It’s no surprise. The sun starts shining, the garden bounces back into life, flowers bloom, lawns look lush and green, and homes are once again filled with light and warmth. Chances are your property never looks more inviting and attractive to buyers. It’s the perfect time to sell, right? Well, not necessarily.
For anyone with a mortgage, or if you are thinking about the prospect of one, to fix or not to fix the home loan rate is a hot topic. While we would need a crystal ball to know just where the cash rate and associated fixed rates might land in the year ahead, our lead article drills down into market predictions, and what you should consider if you’re thinking of locking in a fixed term.