Nick Goodall

But if that's 3, 3.25, something like that, you know, there's still a bit of a way to go.

But, you know, will they actually get their forecast for inflation as always, you know?

Coincidentally, getting back towards that 2%.

So whether that's overly optimistic or it's overly confident, they can genuinely have control over it.

But either way, it's pretty hard to see what things are going to be happening in two or three years time.

So that's why I think two years is historically one of the most popular rates always over time.

Either that or the one year rate seems to be what most people sort of choose between.

And that's pretty much the case right now.

I thought it was interesting to see the three years up at 10% right now as well.

So 10% of people fixed for three years in February, a little bit longer.

That was down at, you know, less than 1% or 1%-ish at the start of last year.

So, you know, I can just show how much people are happy and willing to take on that little bit of longer period.

Decent rates around that 5% mark look pretty good for that long term.

and you get that certainty and don't think about it for a while either and no doubt people are splitting across these terms too it's like they're putting all of the mortgage on one of these terms they'll generally you know split between them all so you've got a bit of a shared risk across them all too so yeah i just think it's an interesting one it does help you get in the mindset of those borrowers it often backs up what we expect anyway i mean we were talking about in november and so typically people just started to switch around then because they did you know see that things weren't going to get much better so you might as well take a decent rate right now and that's certainly what people have done so

yeah kind of all backs that up i guess um all good mate i think that's all for the i suppose the data wrap this week anyway um this week i know we've got our bioclassification data now that q1 has ended we'll send that out in an article this week to media so that'll be released in a couple of days to public um i don't think there's too many surprises here first time buyers have held relatively strong

Movers still seem pretty constrained and investors actually kind of dipped slightly, but held pretty consistent with the previous quarter.

So yeah, but there's some good detail in that pulse that you've written around some of the differences regionally.

So well worth paying attention to that one once it's released.

And we'll talk about it in more detail next week anyway.

Anything else on your mind, mate?