Residential Loan News
Fixed Home Loan Option As Interest Rates Head Up
Sunday June 3, 2001
Weighing the risks I'VE bought a second house as an investment with a loan of $120,000 over 20 years at a variable rate of 7.45pc. Rent less loan and agent's costs gives me $245 per month to negatively gear. In view of falling interest rates do you think it is the right time to lock into a fixed r