Fixed home loans growing in popularity as cash rate holds (for now)

Earlier this month, the Reserve Bank of Australia made the decision to hold the cash rate at a historically low two percent, an outcome that 29 leading economists and experts in the finder.com.au RBA Survey unanimously predicted. However, with rates expected to rise in the near future, borrowers are being cautioned not to become complacent. More than half of the experts surveyed by finder.com.au don’t foresee a rate cut in 2016. Instead, 34 percent anticipate a rate rise later this year and 5...
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