Interest rates plummet

Someone can see the writing on the wall. Actually, it seems everyone can. Fixed rates continue to fall with the latest offering 5.99% fixed for 2 or 3 years. What does that say about variable rate expectations? As always, talk to your broker before fixing and remember you don't have to fix your whole loan.

And a new bank rides into town from 1st Dec - Heritage Bank. Until now a building society based in Toowoomba, Heritage is the latest entity to be given a banking licence. Now if they would only open some branches in Victoria......