The Fed has raised interest rates by 75 basis points during this past week which sends market spiralling downwards strongly towards an expectation that another consecutive 75 basis point rate hike is on the cards. In fact, if we look at what the market is expecting towards the end of 2022, we are today pricing in another two more 75 basis point hike towards the 4% level, which will be really unprecedented in today’s modern era. This is understandable as inflation has rage towards a 40-year high at 8.6% and shows no signs of slowing down with sky high commodities and oil. Fixed Rate 2.25% Last Call by 23rd Jun If you are still procrastinating on whether you should be moving to a fixed rate home loan on your property, I would advise you to decide for yourself fast, as last source I heard is the fixed rate of 2.25% offered by one particular bank will be gone by the 23rd Jun....