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Agree I think you might be miss reading your docs. It is common for the offer docs to say the variable rate discount after the fixed period.

Have to agree to disagree with you there old mate. I believe there is a worldwide (western world at least) downward trend that shows no clear signs of reversing at this stage.

I'm not so sure you can put the decline down to the rba's inflation mandate solely.

RBA cash rate history from 1990

Seems unlikely to me but also cant see rates going up either so I'm thinking maybe best to float

Trend is your friend and the trend since 1995 is down down down with a few spikes up like between 2004-2008. A small event called a gfc just after that of course has kept rates low. Currently can't see rates getting bank up to 8%-10% or higher for a looooooooooooooooong time. So many big loans...

From CBA this morning. "We are pleased to advise we have reduced our 5 Year Fixed Rate home loan to a competitive rate of 4.99% p.a. (comparison rate 5.62% p.a) under MAV". Wow that says something about the yield curve being very flat. As always fixed rates should be considered with...