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2 questions - most seem to pick rates coming down and staying down for a while.
This would make it a no-brainer to pay the cost to break current fixed mortgage.
BUT could interest rates rise in the next say, 2 years, and what would be the
catalyst to cause that?
Read somewhere that the time lag between stimulus and inflation is 9-12 months.
So this time next year inflation could kick in - does this imply higher rates?
Thanks
George
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