Two year rates attracting borrowers

Wednesday, August 1st 2012, 7:10AM

Latest stats from the Reserve Bank show that the shift to fixed rates is accelerating and two year rates appear the most attractive. Read more about the move here.

The other really interesting story today is from Westpac which says that if the OCR stays unchanged until the middle of next year, as economists predict, then the housing market will get "positively frothy".

 

« Westpac still favours fixed home loan ratesHousing market set to become frothy »

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