ANZ: 3 year fixed 6.44%

[virgo]

Suncorp fixed rates

Hiya

I was peering with interest at the latest Suncorp 3 year fixed rates (i think something like 6.44%) but what turned me off was the banker telling me fixed rates are on P & I only Methinks one has to be very very careful!!

 

[Emo21]

echoice just emailed me

with a rate

"eChoice is giving it's customers exclusive access to the lowest fixed rate in the market – 6.29% for 3 years (6.76% CR)."

Any body have a look at this one.

 

[Mick C]

with a rate

"eChoice is giving it's customers exclusive access to the lowest fixed rate in the market – 6.29% for 3 years (6.76% CR)."

Any body have a look at this one.

Havnt looked at their details yet, but a CR rate difference of 0.5% is huge...must have a excessive application fee.

Regards
Michael

 

[investor2009]

So where do you see fixed rates in the coming months?

It seems like the banks are afraid they will be dropping, with variable at around 7.2% and 3yr fixed at 6.4%

 

[Mick C]

A lot of ppl still havnt taken to bait even with fix at 6.30....
variable rate with high discount is still the clear winner.


I think the bank will not "spend" any more of their time and money on fix rate- this is probably the lowest you will get unless the RBA keeps dropping their rate, and the short term money market keeps dropping....Variable rate is where the money is- not what the bank wants; but too bad

Regards
Michael

 

[Dan_p]

A lot of ppl still havnt taken to bait even with fix at 6.30....
variable rate with high discount is still the clear winner.


I think the bank will not "spend" any more of their time and money on fix rate- this is probably the lowest you will get unless the RBA keeps dropping their rate, and the short term money market keeps dropping....Variable rate is where the money is- not what the bank wants; but too bad

Regards
Michael

Hi Mick,

what way are you leaning for the RBA to continue to lower rates?

 

[Mick C]

Hi Mick,

what way are you leaning for the RBA to continue to lower rates?

I think rate will remain the same for some time, dont know about a drop...may even go up once i rekon in Feb-march 2012; a bit tough if they increase leading up to Xmas

Regards
Michael

 

[eggnog]

slightly off topic. Does anyone know where I can find data for the futures for 3 and 5 year fixed rates.

 

[Mick C]

slightly off topic. Does anyone know where I can find data for the futures for 3 and 5 year fixed rates.

U mean Past?

Regards
Michael

 

[Belbo]

No, future data please. Plus next year's Melb Cup winner!

 

[Deltaberry]

A lot of ppl still havnt taken to bait even with fix at 6.30....
variable rate with high discount is still the clear winner.


I think the bank will not "spend" any more of their time and money on fix rate- this is probably the lowest you will get unless the RBA keeps dropping their rate, and the short term money market keeps dropping....Variable rate is where the money is- not what the bank wants; but too bad

Regards
Michael

Agreed.

Also ANZ loan is interest only for people wondering.