Im trying to make a big decision whether to fix the rate on my IP at a rate 4.59% or keep it on the variable rate.
I like the certainty of the low monthly repayment for the next 5 yrs.
I dont think that Im going to want to sell in the next 5 yrs as Im getting a very good yield on the house. I intend to hold onto it to fund my retirement in years to come. Also, the level of the new debt (for my current refinance application) will be 40% leveraged
I believe that rates will certainly go up within the next 5 yrs.
What are your opinions on fixing in the current market.
I like the certainty of the low monthly repayment for the next 5 yrs.
I dont think that Im going to want to sell in the next 5 yrs as Im getting a very good yield on the house. I intend to hold onto it to fund my retirement in years to come. Also, the level of the new debt (for my current refinance application) will be 40% leveraged
I believe that rates will certainly go up within the next 5 yrs.
What are your opinions on fixing in the current market.