Fixed rates should be stable or even fall slightly

The latest ABS statistics for owner occupied housing finance commitments have shown a fall for the fifth month in a row. The latest month registered a fall of 1.8%.

I think this will lead to a fall in the interest rates of fixed loans, or will mean no increase in what is being offered for a while. I still think variable rates will go up another half a percent in the next four months.

See . . . what rates might be worth fixing at?

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