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When you have multiple millions in borrowing , a degree of logic and appropriate risk management is also appropriate :D The amount we are looking at fixing is around 20'% of our total current borrowings. Cliff

that's a problems rolf . How does the average punter know who to listen too ? are you right 100 % of the time ? I know I'm not .. 99 % maybe ;):cool: I know the average economist certainly isn't . Recently it seems sentiment over the economy swings on a monthly basis , unless your...

I don't thing anyone is suggesting fixing as a Bet . It's a risk management exercise . Cliff

Yes . I'd like a six year rate below 5 % , but that's not what's on offer at the moment ...... Did we get notice that the five year rates were going to go under 5 % ? My recollection is that most were surprised . Cliff

Are they ? Maybe they have peace of mind ... That's worth a bit . Cliff

That's my thinking .. Everyone was surprised by the sub 5 , 5 years , so IF it runs out and it jumps back up . 3 years rates around 5.6 Also I don't necessarily want to spend all my time watching rates , and what if the change occures while I'm on holidays ... Cliff

My thinking is if it's unlikely to go lower and we have a five year rate at under five , why not fix . On a 500k loan the difference between a 5 year fixed and a variable works out just over 1 k per year , which in the big picture is nothing . The potential upside increase surely has to be...

I'm looking at locking a loan in for 5 years a under 5 % . Mainly to lock in rate and manage cash flow over that period . Do any of the crystal ball gazers foresee a significant drop in 5 year rates below high 4 ? Cliff