Fixed home loan rates have never been cheaper in this country, but could they go even lower or is this as cheap as a mortgage will ever get?
- Many lenders, including some big four banks, are offering three or four-year fixed rates below 2 per cent
- Most analysts say a recent global rise in interest rates is likely to soon feed through to a slight rise in fixed mortgage rates
- However, experts warn there are several catches to beware of before taking on a fixed rate loan
Certainly, an increasing…