Big Moves in Home Loans: Why Borrowers Are Fixing at Record Rates

Tuesday, February 11th 2025, 9:28AM

A month can change everything in the home loan world. Between November and December, borrowers made a huge shift - ditching floating rates and jumping to six-month fixed terms.

Apparently, six-month terms hit a record high during that time, according to the latest Reserve Bank data. [READ MORE]

 

Tags: Mortgage Rates

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