by mighty_tiger_79 » Tue Oct 06, 2009 4:10 pm
by Sploosh » Tue Oct 06, 2009 4:53 pm
by Psyber » Tue Oct 06, 2009 6:04 pm
Hey you're criticising my primary source of income - rates up, income up, dividends up!Sploosh wrote:The banks, of course, who need weeks of meetings before they can put rates down, and recently only "partially" put rates down will be able to suddenly and magically raise them immediately the full .25%. No "long, in-depth" meetings will be required. Banks are a necessary part of society, sadly, but I hate the way they just blatantly rip off their customers.
by mighty_tiger_79 » Tue Oct 06, 2009 6:28 pm
by Psyber » Tue Oct 06, 2009 6:36 pm
Yes, just bear in mind that if the banks are anticipating a series of rises they will set higher fixed rates to offer, so you need to get in early.mighty_tiger_79 wrote:i heard that you should go for a fixed rate if you believe the current variable rate will increase by 2%, and by looking at the figures that they are giving in the article, fixed could be the way to go, for perhaps 50% even
by Blacky » Tue Oct 06, 2009 7:45 pm
by southee » Tue Oct 06, 2009 8:16 pm
by RustyCage » Tue Oct 06, 2009 8:37 pm
by mighty_tiger_79 » Wed Oct 07, 2009 5:06 am
pafc1870 wrote:People seriously can't have expected rates to stay as they were for ever! Of course they were going to go up again, was only a matter of time.
by mypaddock » Wed Oct 07, 2009 7:49 am
Psyber wrote:Yes, just bear in mind that if the banks are anticipating a series of rises they will set higher fixed rates to offer, so you need to get in early.mighty_tiger_79 wrote:i heard that you should go for a fixed rate if you believe the current variable rate will increase by 2%, and by looking at the figures that they are giving in the article, fixed could be the way to go, for perhaps 50% even
by mighty_tiger_79 » Wed Oct 07, 2009 1:51 pm
mypaddock wrote:Psyber wrote:Yes, just bear in mind that if the banks are anticipating a series of rises they will set higher fixed rates to offer, so you need to get in early.mighty_tiger_79 wrote:i heard that you should go for a fixed rate if you believe the current variable rate will increase by 2%, and by looking at the figures that they are giving in the article, fixed could be the way to go, for perhaps 50% even
If you were going to fix you would/should have done it about 6ish months ago when banks were offering under 6%. The fixed rates that are being offered now (around 8%) aren't worth it.
by mal » Wed Oct 07, 2009 8:14 pm
by dedja » Tue Nov 03, 2009 11:40 pm
by Dutchy » Wed Nov 04, 2009 9:40 am
by dedja » Wed Nov 04, 2009 10:14 am
Dutchy wrote:Fixed rates already have the next 12 months of predicted increases built into them...unless you absolutely need to know exactly what your repayments need to be for the next X years dont fix is my advice
by devilsadvocate » Tue Feb 02, 2010 3:48 pm
by mighty_tiger_79 » Tue Feb 02, 2010 3:58 pm
by devilsadvocate » Tue Feb 02, 2010 4:05 pm
by dedja » Wed Feb 03, 2010 4:14 am
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