Borrowers sticking with short-term rates - even as fixed rates drop

Tuesday, March 11th 2025, 8:36AM

Fixed mortgage rates might be coming down, but most borrowers are still choosing floating and short-term rates. In January, nearly 90% of owner-occupier lending went to short-term options, with floating rates and six-month terms leading the way. It looks like many are holding out for even better deals. [READ MORE]

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