No need to jump to fixed: Westpac
Tuesday, November 22nd 2011, 5:28AM
Westpac says that fixed mortgage rates are "currently good value given where we think floating rates are heading. But there is little need to leap in just yet as fixed rates could remain at these levels for a while, or even head lower."
"Those with interest rates linked directly to the swap curve may find swaps with duration 1 year or longer attractive at these levels."
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