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build Motosykletist
Sky News Australia
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Comments by "build Motosykletist" (@buildmotosykletist1987) on "New home loan rates dip for the 11th month in a row" video.
If that what it takes then good parents do it. Would you ?
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Rates are headed to a band between 6 to 10% in 2025 according to the big banks and I agree with them. Smart kids locked in their rates in 2021 for 4 or a few lucky people 5 years. Those kids should soon consider locking in to a new higher fixed rate while they are being offered. You may say why not stay with the lower rate. Good question and the answer is because those rates will be higher when your loan expires in 2025. You either need to get out your calculator or talk to your accountant to work out when and at what rate should you lock in. But it must be before your current fixed rate expires. Do not wait until it expires or you'll lose your leverage, you want to do it at least a year prior to expiry.
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@actualfacts1055 : Now you are being silly.
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