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Still haven't found anything as good as my 3 year fixed for 4.99% from Westpac in December.
huh so what was the difference prior to the 17th??
Jan 07 2009 and Feb 09 2009 shown for comparison
Still haven't found anything as good as my 3 year fixed for 4.99% from Westpac in December.
yeah, but when you come off rates are probably going to be 6-7% variable...
yeah, but when you come off rates are probably going to be 6-7% variable...
Have a look at the above link.
Dave
yeah, but when you come off rates are probably going to be 6-7% variable...
Lame... the 5 and 10 year rates look like they havent changed at all Wahh
Just noticed the Westpac 4 yr has dropped to 5.39% less the 0.2 = 5.19%.
Westpac must be getting some good deals on money the best thing is they arec passing this onto customers, I wisg CBA would do the same as I am eagerly awaiting.
Spud
yeah, but when you come off rates are probably going to be 6-7% variable...
As already previously mentioned Im sure, locking in rates is NOT about whether rates are going up or down - its about insulating yourself from the economic climate (for X time) as a risk management tool.
Hope this helps.
For this reason I think it is especially important to get a long enough term such as 5 years. 3 years is not long enough in my opinion to "get ahead" financially before rates go up.