Rates up, so should you fix your mortgage now?
The Money Puzzle · The Australian
March 17, 202626m 44s
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Show Notes
Cash rates are now more than 4 per cent and your mortgage is around 6 per cent: What's more, it looks very much like the hiking cycle is far from over, so should you fix at these levels?
Stuart Wemyss of the Prosolution Private Clients group joins Associate Editor, James Kirby in this episode.
In today's show, we cover:
- To fix or not to fix...the dilemma bites
- Surprise good news for older cash hoarders
- SMSF property lending cleared for take off
- How much insurance do you really need?
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Topics
RBA decisioncash rate 4.10%interest rate hikeRBA cash ratefixed mortgage ratesvariable home loansrefinancinginflation targetconsumer spendingASX 200Michele BullockSMSF property lendingfinancial planningAustralian economy