All a big gamble at the end of the day guys. No-one knows what is happening with the rates. The way the banks are acting (by dropping their fixed rates quite consistently over the last few weeks) it's seems that the general trend is still going downwards. If you are going to fix, I would only do half at the most, and only for a short period. Ie: one year. That way you know you are ahead for now, and you effectively need two quarter percent rate drops to behind the variable rate, which may or may not happen within a year. You just dont know....

Again it is all completely up to the person making the decision. Lots of people are fixing. A hell of a lot more people are going variable.

Ps: I know this response won't help even in the slightest. It just is really is up to the individuals thoughts. Just like at the Casino, "Red or Black??"

Sam

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