As interest rates climb into the 6% range, many Aussies are desperate for certainty, but is locking in a fixed rate actually a trap? 

Finance expert Scott Phillips broke down why "betting against the bank" is a risky move and revealed the one specific scenario where fixing your rate is actually the right call.

As interest rates climb into the 6% range, many Aussies are desperate for certainty, but is locking in a fixed rate actually a trap? 
Finance expert Scott Phillips broke down why "betting against the bank" is a risky move and revealed the one specific scenario where fixing your rate is actually the right call.

Tune in to 4BC Afternoons, weekdays from 12pm-3pm.

Tune in to 4BC Afternoons, weekdays from 12pm-3pm.

4BC Afternoons

4BC Afternoons with Carla Bignasca

Why your bank wants you to fix your mortgage and why you might want to say no

https://api.omny.fm/orgs/88b564ea-a9a6-4751-910a-a5d800019396/clips/ab04c7fc-20b9-4f98-8222-b41a0037ebce/transcript