Australian Money Forum

[ubank]

Hello,

In our latest poll we're asking:

With interest rates falling, are you more likely to consider fixing your home loan?

You can vote, and also see the results at:

http://www.polldaddy.com/poll.aspx?p=1415666

Thanks,
UBank

[ubank]

Early results:

No - I'm staying with a variable rate 42%
Yes - Fix some of my loan for 12 months 0%
Yes - Fix some of my loan for 2 years 12%
Yes - Fix some of my loan for 3 years or more 19%
Yes - Fix the whole lot for 12 months 8%
Yes - Fix the whole lot for 2 years 0%
Yes - Fix the whole lot for 3 years or more 19%

[wulfgar]

I coming off 5 year fixed in April. I wasn't sure which way things were heading, but I believed rates were going to rise long term. After I saw the Fed halt rate rises early in 2006. I figured out there was going be a depression and rates were zero bound.