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Why fixing your mortgage rate means you will lose money

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Manage episode 522318458 series 2634896
Content provided by [email protected] and The Australian. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by [email protected] and The Australian or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Banks won't tell you if you're better off with a fixed-rate mortgage. But strong evidence shows most borrowers will lose when they bet against the bank by settling on a three-year fixed rate. With expectations building that RBA rates may rise, fixed rates seem attractive once more, but you need to know why the odds are against you.

Stuart Wemyss of the Prosoluton Private Clients group joins Associate Editor - Wealth, James Kirby in this episode.

In today's show, we cover:

  • You fix, you lose: here's the data over two decades
  • The new APRA lending limits
  • How non-banks will now rush the mortgage market
  • Pressure mounts on CGT for residential investments

See omnystudio.com/listener for privacy information.

  continue reading

578 episodes

Artwork
iconShare
 
Manage episode 522318458 series 2634896
Content provided by [email protected] and The Australian. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by [email protected] and The Australian or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Banks won't tell you if you're better off with a fixed-rate mortgage. But strong evidence shows most borrowers will lose when they bet against the bank by settling on a three-year fixed rate. With expectations building that RBA rates may rise, fixed rates seem attractive once more, but you need to know why the odds are against you.

Stuart Wemyss of the Prosoluton Private Clients group joins Associate Editor - Wealth, James Kirby in this episode.

In today's show, we cover:

  • You fix, you lose: here's the data over two decades
  • The new APRA lending limits
  • How non-banks will now rush the mortgage market
  • Pressure mounts on CGT for residential investments

See omnystudio.com/listener for privacy information.

  continue reading

578 episodes

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