guesswork!
fix if you're attitude to risk is negative (or you can't afford a bad result int. rate wise).
if you are good with money and/or actually save money each month then i strongly recommend offset mortgages.
have a read up on this type before and see if it will work for you.
mine was paid off years in advance thanks to this type of mortgage.
good luck.
Posted By: WalterTheSofty on September 18th 2008 at 23:12:20
Message Thread
- Right, so what are interest rates doing in the next 6, 12, 18 months? (General Chat) - Arizona Bay, Sep 18, 22:52:33
- You get a professional in (General Chat) - DPLOTBC, Sep 18, 23:12:51
- guesswork! (General Chat) - WalterTheSofty, Sep 18, 23:12:20
- Fixed Flexible (General Chat) - DPLOTBC, Sep 18, 23:14:49
- IMHO... (General Chat) - WalterTheSofty, Sep 18, 23:18:51
- See below (General Chat) - DPLOTBC, Sep 18, 23:21:13
- Sounds sensible, but here's what I was thinking. (General Chat) - Arizona Bay, Sep 18, 23:20:44
- int rate fall doesnt nec mean that your mortgage rate will fall (General Chat) - WalterTheSofty, Sep 18, 23:24:39
- And (General Chat) - DPLOTBC, Sep 18, 23:23:58
- Thank you Dan, Walter. (General Chat) - Arizona Bay, Sep 18, 23:28:25
- stuff the (General Chat) - DPLOTBC, Sep 18, 23:33:38
- Ha ha. You're on the hard sell. (General Chat) - Arizona Bay, Sep 18, 23:36:32
- Just a slow time (General Chat) - DPLOTBC, Sep 19, 00:08:22
- Ha ha. You're on the hard sell. (General Chat) - Arizona Bay, Sep 18, 23:36:32
- stuff the (General Chat) - DPLOTBC, Sep 18, 23:33:38
- Thank you Dan, Walter. (General Chat) - Arizona Bay, Sep 18, 23:28:25
- SVR (General Chat) - DPLOTBC, Sep 18, 23:22:53
- Overpay?! (General Chat) - Arizona Bay, Sep 18, 23:16:13
- Yes (General Chat) - DPLOTBC, Sep 18, 23:20:27
- "when do you see the market being back where it was 18 months ago" (General Chat) - Arizona Bay, Sep 18, 23:23:46
- Yes (General Chat) - DPLOTBC, Sep 18, 23:20:27
- IMHO... (General Chat) - WalterTheSofty, Sep 18, 23:18:51
- I am really really really shit with money. (General Chat) - Arizona Bay, Sep 18, 23:14:04
- Fixed Flexible (General Chat) - DPLOTBC, Sep 18, 23:14:49
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