It depends on your situation. In most cases I agree with you Booz. Don't bet against the banks.
But as UT says, sometimes it can be good to have some known costs, even if they are a bit more. As well as having a variable with 100% offset that you can pay down whilst retaining cash.
5 years at 4.59%.
Wow, if anyone needs confirmation that we are in for a period of low interest rates that should do it.
