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Rates at Christmas

Friday, December 24th 2010, 11:03AM

 

Two to five-year rates are low compared to the last couple of years, with quite a drop seen in the last twelve months. Floating rates also remain historically low and look to stay that way with an increase in the Official Cash Rate (OCR) not expected until June next year, which is great for all those people wanting to get their debt levels down as quickly as possible.

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Disclaimer: Every possible effort has been made to keep the information in the rates tables as accurate as possible, however, neither the publishers of Mortgage Rates nor anyone engaged to compile these tables accept any liability for inaccuracies or any loss suffered as a result. It is strongly advised that readers check loan details directly with the provider concerned.

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