Hi Everyone

Whats your opinion on Fixing the Interest rate on a Home Loan.

I had a look on some of the historical data on the SARB website and the prime lending rate has dropped from about 15.5% in 2008 to 9.5% in 2014.

https://www.resbank.co.za/Research/R...restRates.aspx

I am considering fixing my rate, even if its just on a portion of my home loan, whats your opinion ?

Do you think the Rate will drop again in the near future ?

Regards