Hannah McQueen: The risks of fixing your mortgage long

<p>With how high interest rates could now go scaring some people a little, and with terms of four and five years only fractionally higher than terms for one or two years, some are probably wondering whether they should opt for a little more certainty and go long, especially if anything over 7% becomes problematic for them.</p> <p>But fixing long term can be problematic in the context of the economic environment we’re heading into – and there are some lessons from the GFC on this.<span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}"> </span></p> <p><strong>LISTEN ABOVE</strong></p> <p> </p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>