CBA has today reduced their fixed interest rates. What does this mean? In short, CBA economists believe that official interest rates will most probably go down and therefore they can pass this on. This is good news for consumers but .... will it last?
Let's see how far down both the variable and fixed rates will go and see the reversed of how high and when the rates will go.
Again, if you are asking should I therefore be fixing now, please read my previous blog, to fix or not to fix.
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