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I hope so, I am in cash waiting for it to happen !! David

I always had the feeling that the bottom would be around April or May - thats why I thought about breaking my fixed term rates in January... http://www.somersoft.com/forums/showthread.php?p=507060#post507060 Now its too late in my opinion - Westpac allow you to fix two weeks before your fixed...

Yes, it was 6.29% for 5 year fixed last week. The 4 year remains at 6.09% , like last week.

Its for a new loan. David

I might have to get a Westpac business loan - and noticed that the variable has dropped by 1% in the last week to 7.69 % but fixed 2 and 3 yr have jumped UP by .55% and .6% respectively to 6.35 and 6.8%....what gives??