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Wow, that was quick. Well done.

I think it would be assessable if you go directly to them :)

No those CBA Fixed rates are wrong.

Skater - 100 bps (1%) is not 'a few bps'.

If you want certainty, then fixing is fine. As I've said many times in this thread, there is a large pre-occupation with getting the 'optimal rate' which is nonsense in my view. Maybe it is my own bias but I prefer flexibility over rate certainty any day of the week. A few bps of difference to a...

Because people are always pre-occupied with the interest rate - when that is, in my humble opinion, only a secondary consideration for an investor. First priority is always access to funds.

There's no point quoting a low rate if no one can ever qualify for it...

If you are happy with them then just stay haha but they don't compete with themselves because that's just stupid!

No, people have lost money on fixing because yield curves are always positive sloping in times of neutral/tightening monetary policy. The economy is, for most of the business cycle, in this stage of monetary policy. So you are always fixing your loan above the SVR if you want that 'certainty'...

No sash, you are incorrect. My analysis is not BS because that is how banks make money. You seem to think you are smarter than the banks - but for every person who 'beats' them, there are 99 others who don't. The numbers game always works in their favour.

Because the banks are always ahead on fixed rates. Think of it like this: Say the economy is going down, variable rates are falling. Fixed rates fall to in anticipation of rate decreases in the future. Now, two scenarios can be played out here: 1) Once the economy looks like it is about to...

Chasing fixed rates is like trying to chase rabbits down a burrow. Doesn't really lead to anything productive imo.

Derivatives where banks / borrowers 'swap' their interest repayments. One will be a 'floating' rate (i.e. variable), the other will be a 'fixed' rate. The banks match up one borrower who prefers a fixed rate and one who prefers a floating rate, and they 'swap' the interest payments with each...

In advance means you pay all your year's interest upfront to get the tax deduction for that year.

I've seen too many people on fixed rates who want to get out asap but have to incur $20,000+ in break fees just to do so. I never recommend it unless the stars align and it is necessary.

I just don't see the appeal of fixed rates for anyone unless you aren't working and never ever intend to sell. The cons seem to outweigh the pros in any situation, particularly for longer-based terms.

I always say you can't beat the banks at their own game. They do this for a living and they have people who dedicate 100% of their time to studying the yield curves and forecasting/modelling. One or two might get lucky and fix at that absolute lowest point in the cycle but for everyone else, I...

Which is normal since most yield curves are upward sloping. Looks like the fixed rate party is over.

Sure, for certainty it's a good idea. I think it's better to fix half the number of loans rather than fix half of each of your loans - so you retain some flexibility at least if you need to access equity/sell.

Crunching the numbers on 5.99% vs 6.0x%??? Why bother? 3 year fixed rates are good if you are struggling with serviceability and/or need certainty in life but apart from that I don't understand the need for excel spreadsheets calculating the pennies you save...