Newsletter Articles

Interest Rate Speculation

“What goes up must come down”!

A number of our customers whom we’ve assisted with mortgage loans over the last 12 months asked the question about fixing their home loan interest rate. Each customer’s circumstances are always treated on their own merits but, generally speaking, 6-Point Finance urges customers to exercise caution with fixed rates as they take away a lot of flexibility for borrowers.

Now, the latest media hype is that Australians might be in for 1, or perhaps 2, rate reductions before Christmas.

Remember all that constant media hysteria? How the wheel turns!