In this video, we answer the question – Fixed or floating??
Is it better to have a fixed or floating interest rate on your mortgage?
Given the very competitive, and low-interest rates the banks are advertising at the moment, it seems timely to look at the options here and give you an idea of what may work for you.
This is definitely not fixed answer as it does depend on your current situation and property goals, whether you are holding property or trading, as there are some risks, but also benefits for both options! Let us know what you think!