video1.0<iframe src="https://www.loom.com/embed/abe77a8238a34da89bf9e6606930be87" frameborder="0" width="1870" height="1402" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>14021870Loomhttps://www.loom.com14021870https://cdn.loom.com/sessions/thumbnails/abe77a8238a34da89bf9e6606930be87-85415a14e1dcf5db.gif517.917In this video, I discuss the recent interest rate hike by the Reserve Bank and the implications for those considering fixing their mortgage rates. With fixed rates currently around 5.69% and variable rates at 5.64%, it's crucial to weigh the value of certainty against potential savings. I believe rates may come down in the next 24 to 36 months, but if you're feeling the pinch, locking in a fixed rate could provide peace of mind. I encourage you to assess your personal circumstances and make a decision quickly, as rates are changing frequently. If you have any questions, feel free to reach out.