I thought this graph from was interesting....
I was very fortunate that I managed to break and refix my rates when they hit the lowest, and for minimal break fee.
This graph shows that previously five year home loan rates and the OCR cash rate were closely correlated. Early this year the relationship between the two came undone and now there is a huge gap between the OCR and the five year fixed rate.
I was very fortunate that I managed to break and refix my rates when they hit the lowest, and for minimal break fee.