Dr Sam Wylie

And then you've got the 2.4% on top of that, and that's why mortgages are at about 2.4%.

But now inflation is coming back.

And what we're looking at is the RBA increasing interest rates to control inflation and that pushing interest rates up.

And then it'll push up the interest people have to pay on their mortgages.

Well, you know, for investors, so the downside if you buy a house is if you buy an apartment or a house, the downside is that if you've got a floating rate mortgage, now remember you can fix your interest rate,

and talk to your mortgage broker about that.

Do I want a fixed rate or do I want a floating rate?

And go to some different places.

A good place to go to look at interest rates is RateCity, RateCity without any spaces, .com.au.

I don't know if I'm allowed to mention that on your podcast.

I've got nothing to do with that.

Yeah, okay, good.

So the...

And they've got nothing to do with me.

It doesn't help me to recommend them.

They just have a good calculator.

It's just a good way to find the lowest interest rate mortgages.

And you want to go there before you go to the mortgage broker.

You want to do your homework before you speak to someone who can actually get you

mortgage.