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Peter, My break even point for the ones i fixed in April are hopefully in November when the variable rate is expected 5.6%. These were fixed at 5.28% - 5.49% or under! So if there there are 2 more rate rises between now and Feb. 2010...I will have broken even after about 10 months! Most of...

Slow and steady wins the race..... The RBA governor is planning a slow and steady increase in rate....he will do 0.25 in Nov followed by another 0.25...then another in Feb. at 0.25....another 0.25 in March...another 0.25 in April...before a pause for breath. A feel chuffed that most of my...

If things keep going the way they are I think there will be another 0.5% increases via one 025% increase in Nov. and another in Dec. Even at these rates money is cheap. The reserve will avoid doing 0.5% increases...but they will increase in 0.25% consistently over the next 6 months or so...