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I'm feeling pretty good about this! Good to see one of the banks actually recognising that the cost of funding is going down.
4.99% for 3 years. What does this say about our economy?
Bummer - I've stuffed up fixing rates again, got 2x at 5.59% fixed for 3 years... doh!
Live and learn!
Lol this is just a gimmick. They will adjust their discount rates accordingly.
Bummer - I've stuffed up fixing rates again, got 2x at 5.59% fixed for 3 years... doh!
Live and learn!
bummer, I just fixed one loan for 5.2% for three years
Rowena can you please explain the 3 year interest in advance? Do you pay 3 years of interest upfront to get the lower rate? or are you in a 3 year contract where on every year come June 30th you have to pay up? Does this require a new loan application?
In what situations is I in A beneficial?
so am curious.... if you go thru a new loan application and you fail, what happens? does it stay on the old loan or do they call it in?