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Housing report: Why longer term fixed mortgage rates are edging up

Housing report: Why longer term fixed mortgage rates are edging up

Click here for this mornings video. Click here for this morning's video. Bernard Hickey delivers a Housing Report in association with ASB explaining how longer term wholesale interest rates are edging up in anticipation of rises in the Official Cash Rate next year. This will flow through into higher fixed mortgage rates as we go through 2009 and into 2010. Bernard also looks at the Fixed vs Floating choice as interest rates change. See all mortgage rates here. See an interactive chart of wholesale rates here.

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