I have never fixed my loan, always variable. I like using offset accounts and we put all our savings in there. So the interest is no where near the actual loan amount.
I think this works better for us than fixing.
Browse Forums Home Finance Re: How high will interest rates go? 29Nov 30, 2007 1:00 pm Never argue with an idiot!!!! They drag you down to their level then beat you with experience. Re: How high will interest rates go? 30Dec 14, 2007 3:22 pm Well if they keep increasing it at only .25% every 3 months then it is going to take a year just for a 1 percent rise.
Back in the 90's they had one rate increase of 2.5 percent (I think it was) alone. .25% does nothing. It will be neat but you won't have much freeboard. At least they are not weep holes. Are you in a high intensity rainfall region? The regulatory slope is only required… 3 8265 Thanks mate. Yeah good points! Leaning towards Option 3 to get a bit extra space in the cabinets but not going too crazy high (and expensive). Would require a mini… 13 39701 |