
Mortgage News
Is the home loan battle moving?
Friday 21st of September 2012
Since this latest round of pricing activity started it has gradually shifted from the floating and short term rates out along the curve.
The five year rate is an interesting space. Some borrowers like it as it provides long term certainty around interest payments.
However, the catch can be that if you lock into a long term rate and then other rates fall significantly they look exp...
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