“If you buy a house and think about whether you want to go fixed or variable, you pay a kind of premium to lock in the fixed rate now, anticipating that rates will rise quickly, compared to going [with] a cheaper variable rate now,” said Mr Lucey.
“If you buy a house and think about whether you want to go fixed or variable, you pay a kind of premium to lock in the fixed rate now, anticipating that rates will rise quickly, compared to going [with] a cheaper variable rate now,” said Mr Lucey.