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Reply: 5.2.1 From: Sim' Hampel Just to re-emphasise the point made by Ctrader... If you have interest payments of, say, $1000 per month when interest rates are 6%, when they reach 9% you will need to pay $1500 per month in interest, and when they reach 12% you will need to pay $2000 per...

Reply: 5.1.1.1.1.2 From: Sim' Hampel Great post Waverly Bay ! Thanks.

Reply: 4.2 From: Sim' Hampel On 3/27/02 7:47:00 AM, KJ L wrote: > >I might be stating the >obvious, but remember that the >extra interest you pay is tax >deductible, so (depending on >your tax position) you may be >cushioned from some of the >blow anyway. This doesn't mean anything in...

Reply: 1 From: Sim' Hampel Fixing rates is essentially taking out an insurance policy. If you look at the numbers... historically it is fairly rare that people who kept their rates variable ended up paying more overall than those who fixed - especially after inflation is taken into account...