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Fixed mortgage rates are at record lows, so is it time to consider fixing your home loan? We asked the experts – ABC News

Fixed home loans have never been cheaper, which raises the question of whether now is the time to think about locking in, or could they get cheaper still? The Business…

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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?
Key points:

  • 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…

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