Congrats to all who fixed & got some great rates
Just wondering if anyone who is currently on variable is looking at fixing with all the hype about rates hitting 8 & 10%?
I know historically variable has worked out better than fixed over a long period. However, the world seems to be in a rather unique economic situation at present, (rates historically low, the China bubble, Greece not looking so good etc etc), is it wise to fix at 8% now?
Interested in everyones' thoughts...thanks
Just wondering if anyone who is currently on variable is looking at fixing with all the hype about rates hitting 8 & 10%?
I know historically variable has worked out better than fixed over a long period. However, the world seems to be in a rather unique economic situation at present, (rates historically low, the China bubble, Greece not looking so good etc etc), is it wise to fix at 8% now?
Interested in everyones' thoughts...thanks