Search results

That is a very insightful statement....unfortunately....you will find that Winston likes to point ot pretty charts of yester year....1950s in facts!;)

Assuming a 7.8% rate over the first half the loan (when rates rose to 9%) and 5.1% over the second half of the loan (assuming rates stay where they are or near till March 2010). The your average rate over the whole period is about 6.5% So you have pretty much broken even or there was a...

I decided to fix half my portfolio at between 5.28% and 5.74% in 2-3 year fixed rates. The other 25% is variable at about 5.09% And another 25% is in old fixed rates at 6.95% or 7.45% coming up for expiry in mid 2010.... I have always hedged ..probably why I rode out the last rapid...

With the Propack you get 0.2% off so 5.74%.....but if you have more than one property I believe they X-collateralise! :(

Have heard that about St George also....i called them and they did a quick assessment and they are keen to get my business and me them. I don't have any confidence in CBA keeping fixed rates competitive..though they are the most flexible in terms of lending. That may change once their new...

I think this will bounce about a bit as government spend over the years is priced in.

You will know in about 22 days....when the next rate cut is announced. I am of the opinion...there is at least another 1-1.5% in the 5 yr rates.

JIT, I am doing exactly this as a risk management strategy....at the same time I am dramatically increasing my activities in acquisition game. Some people have asked me ...what happens if you lose your job. From where I sit....you can mitigate this by getting positive cashflow property...

Less blinking the better!!! :p Go CBA...I am with them.

....better tell that to the punters on the futures market....they are making a serious mistake!:p Time will tell....my bet is a 4 in front for 5 year rates.....the 10 year one is a hard one.

Great...keep the info coming! I look to fixing rates at high 4's or low 5s next year.