By Dale Gillham · 17 July 2009 · Locked
If you're an Australian homeowner, you're likely wondering whether to fix your interest rate now or risk higher rates later. Find out what experts say about the future of interest rates and make an informed decision.
The issue confronting a lot of Australian’s right now is whether or not to fix interest rates on their housing loans. The banks have already raised their fixed interest rates potentially in an effort to entice home owners to lock in a rate now before they rise again. So should Australians be looking at locking in a fixed rate? To answer this, let’s look at where interest rates are heading over the coming years.