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WBC - 3 years @4.99% premier advantage.

I phoned & asked my bank (WBC) 4 years ago the same thing....To my astonishment they said yes. Try the same! If you dont ask you dont get.

I dont know about you but I cant make decisions today based on future predictions that may or may not happen some years ahead down the track..I can only make my decisions based on information I have available today with the option of contingency plans to minimise risk should things not pan as...

Exactly my point...Risk management is the higher purpose for fixing in the first instance. What I find amazing is the amount of people who complain when rates drops after they've already fixed - they focus on what they dont have. Most times their particular situation has not changed but...

This thread can go on & on for ever. Does it really matter what the current fixed rate is? Fixing rates is not about cash flow management anyway. It is about risk management. We do not see things as they are - we see them as we are! Food for thought.

What is good enough & reasons behind it?

Its definitely a 2 tier economy. Property values in your neck of the wood certainly isn't what its like here in Perth. Im certainly glad I planned our portfolio for it though by structuring holdings across Australia.

Obtaining a higher borrowing capacity due to the current low rates then using it to maximise ones asset base would be my focus. Even after completion of the asset accumulation phase of my portfolio I would be using the current climate to top up LOC/s and maximising access to further funds. You...

Your big picture goal/s or what it is you are ultimately working towards achieving from utilising property as your chosen investment vehicle. Its one's big picture & time frame that you've attached to attaining it that creates the motivation or sense of urgency in how hard you drive your vehicle.

I'd look at is as making the next loan/s for more. Don't focus on the savings, focus on the bigger picture.

Exactly! If your personal financial situation has not changed due to some unanticipated reason since you decided to fix then the only thing that has changed is your perception. That being the case, you are focusing on the half empty side of the glass. Be very very careful with this kind of...

You could also fix your loans with one bank whilst staying variable with other banks. This is what I've done across our portfolio.

Is it really worth fixing for just one year? Whats your plans there after?

Why are you hoping still:confused: You have already made the decision and fixed. What happens from now is immaterial. What people fail to realise is when they fix their rate so does their reasoning behind why they decided to fix. Trouble is they may see rates drop further and then play mind...

0.02 difference....I'd be questioning is it really worth the effort for a miserly amount? Personally the rate fixed at is not the reason for fixing.

The bottom can only be picked retrospectively....anything other is merely a guess.

We wont tell anyone Skater ;)