The market is currently pricing in a 50% chance of a 50bp cut. Sees rates 50bp higher than current levels in 12-18 months time. Sees them rising after that. Remember that when you want to fix long-term, the bank factors this in. So you have to ask yourself whether you believe rates will rise by more than the market believes. If you do, then fix.
the real question with fixing is whether there is some level of rates which your pocket can't afford. then do you see rates getting there? If yes, fix. Of course we do not know what the owrld holds in the future, so what might seem a sensible decision today could turn out to be foolish in the fullness of time. But what I think is important is that when you made a decision, the variables at the time supported it.
the real question with fixing is whether there is some level of rates which your pocket can't afford. then do you see rates getting there? If yes, fix. Of course we do not know what the owrld holds in the future, so what might seem a sensible decision today could turn out to be foolish in the fullness of time. But what I think is important is that when you made a decision, the variables at the time supported it.