Is it too late to fix your mortgage interest rate? & Trump ready to announce Fed Chair pick

Is it too late to fix your mortgage interest rate? & Trump ready to announce Fed Chair pick

SBS Finance Editor Ricardo Gonçalves speaks with Canstar's Sally Tindall to find out if it is too late to fix your home loan interest rate ahead of what's expected to be a rise in official interest rates next week; plus Dianne Colledge from Morgans goes through the day's share market action including a preview of Donald Trump's pick of US Federal Reserve governor which is expected to be made at the weekend.

Roundup: Factory orders rise / Mortgage rates / Fed chair

Editor’s note: Daily Report has updated this story since its original publication to correct that the move does not involve Brown & Root’s Baton Rouge team but is simply relocating Brown & Root’s operations in St. Rose to Metairie. Business Report regrets the error. November bump: U.S. factory orders jumped 2.7% in November to $621.6 billion, far outpacing expectations and signaling stronger demand in the manufacturing sector. While shipments ed…