Quote:
Originally Posted by MickMcGeough
I'm not an expert, but getting anything less than a 5yr fixed would be monumentally stupid, IMO.
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Why do you think that? Do you think it would be a big mistake to wait a year before locking into a 5 yr fixed rate?
Currently the five year rate is approx. 0.69 to 0.99% higher than the best 1 year fixed rate.