Given the punters are betting interest rate may come down soon, will you fix 4 years at 8.39%, or not fixing at all ? I haven't signed on the dotted line yet.
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Given the punters are betting interest rate may come down soon, will you fix 4 years at 8.39%, or not fixing at all ? I have yet to sign the dotted line.
Also my thinking is if remain variable we can pay down the size of the loan a bit and then the properties will be cashflow neutral.
Maybe one year fixed is okay as I believe rates will head down later this year.
Cashflow, cashflow, cashflow.....
Certainty in planning
SANF
exactly!
didn't some LPT's go down because of this?
If you're talking about Centro, it's because their loans were up for renewal and they couldn't renew their loans. Their cashflow was actually fine in that they could continue to make interest payments, I believe. They just couldn't renew their loans.