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    What happens to locked in rates when interest rates fall?

    Thank you for your replies everyone. Especially Rolf. To the point :)
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    What happens to locked in rates when interest rates fall?

    I did not opt to be locked in. There is a fee that CUA charges for locked in rates so I am 100% I never asked for it.
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    What happens to locked in rates when interest rates fall?

    Hello, I am awaiting settlement on our PPOR. CUA has given unconditional approval and everything is in place - just waiting for the settlement. Now that there is news that there will be rate cuts tomorrow, I am a bit worried. Last time I spoke to my mortgage broker about this possibility...
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