BEINSMARTSIDE Australia With fixed-rate home loans falling, should homeowners lock in now?

With fixed-rate home loans falling, should homeowners lock in now?

With fixed-rate home loans falling, should homeowners lock in now? post thumbnail image

The Reserve Bank of Australia’s monetary police board will announce its next decision on the cash rate tomorrow afternoon.

With the market expecting a cut, 30 lenders have already reduced their fixed-rate home loans since April 1.

So should homeowners make the change now?

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Nine’s Money Editor Effie Zahos explains that each homeowner should consider the decision for themselves.

You can see her advice in the video above.

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