I'm considering fixing our loans at 2.59% for two years (Westpac). These loans are all tied up with our townhouse build, which we will not be selling for several years, if at all. If we sell something else, we can dump up to $30k ($29k to be safe) into each loan without triggering a break fee. Our rates are up around 4.03% to 4.29% so we'd save a chunk of money for the next two years. I can fix a selection of loans, and keep some variable, to give more flexibility. My only concern is if rates drop. Anyone have a crystal ball?