Fixed rates on the way up?

[VYBerlinaV8]

http://www.propertyobserver.com.au/mortgages/big-four-banks-lift-rates-startle-the-market

 

[Colin Rice]

Could also be a result of lenders re-balancing their books as a lot of people are opting for fixed rates or a combo of fixed/variable.

 

[jonmardell]

http://www.propertyobserver.com.au/mortgages/big-four-banks-lift-rates-startle-the-market

This is not really a surprise if you have been following the BBSW as the rates have lifted significantly over the past month or two.

 

[VYBerlinaV8]

This is not really a surprise if you have been following the BBSW as the rates have lifted significantly over the past month or two.

Cheers.

I tend to use this as my easy reference.

http://www.asx.com.au/data/trt/ib_expectation_curve_graph.pdf