Rates are low – have you got the best deal you can?

By John Collett
Updated August 3 2015 - 10:13am, first published July 22 2015 - 12:32pm
Sometimes borrowers just find the whole process of looking for a better deal too difficult and too time-consuming.
Sometimes borrowers just find the whole process of looking for a better deal too difficult and too time-consuming.
There are good deals on fixed rate loans at the moment. Is it the right time to lock one in? Photo: Wolter Peeters
There are good deals on fixed rate loans at the moment. Is it the right time to lock one in? Photo: Wolter Peeters

With interest rates at record lows there has never been a better time to get a good deal on a mortgage. Fixed rates have fallen to a record low of 3.33 per cent for one-year fixed, while three-year fixed rates are as low as 3.94 per cent, according to comparator website RateCity.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Ballarat news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.