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Old 07-03-2012, 11:01 AM   #1
RepSpec
Formerly XG-Panelvanman
 
Join Date: Apr 2005
Location: Im in Cranbourne,VIC.
Posts: 476
Default to fix or not to fix

as a new home owner and first home owner only recently we decided to go a variable rate with our mortgage.

now with a couple of cuts and the last rise it seems that the big question now is to lock in a fixed rate, or stay with the variable.

i know a lot of factors come into this such as economy and other things in the world. but what are peoples opinions and are you thinking of changing?

comfortably we could stand a few more possibly another 1% on top of what we currently are, so while its "lower" at the moment locking in might be a good move.

__________________
My Ride:

BA MK2 Wagon, dedicated LPG, white.

modifications:
cargo barriers, tow bar
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