Locking in a fixed rate loan might be a smart move

By Clancy Yeates
Updated May 5 2015 - 11:08am, first published April 22 2015 - 12:15am
The key decision for mortgage holders right now is whether or not to latch on to low fixed rates. Photo: Mayu Kanamori
The key decision for mortgage holders right now is whether or not to latch on to low fixed rates. Photo: Mayu Kanamori

Even though the Reserve Bank hasn't cut official interest rates since February, the cost of borrowing with fixed-rate home loans continues to fall.

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