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Re: Fixed interest rates

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Feb 18 2009 2:03pm#1 (permalink)

len

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Rates may fall again but there would be no harm in fixing your rate now.. there is no guarantee that the banks will cut rates again even if the RBA cuts official rates. Check out what the fixed rates are at various banks and see what you can get. I know a few friends who are fixing their rate now for 3 years, at less than 6% which is a far cry from the 8% we were seeing last year.

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