Interest rates are heading higher. Should you fix your home-loan rate?

Nora Carol Photography/Getty images

If you have a home loan, buckle up.

The road ahead looks bumpy, as two years of super low interest ratescome to an end.

The prime rate was cut from 10% in 2019 to 7% last year, as the Reserve Bank’s monetary policy committee (MPC) moved to bolster the economy amid the pandemic.

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