Thread: 1% Rate cut!!
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Old Dec 4, 2008 | 12:46 PM
  #38  
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foreigneRS
Testing the future
 
Joined: Jul 2003
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From: W. Sussex
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Originally Posted by Christian and Beccy
0.49% is awesome. Shame there's nothing even close to that at the moment.

4.5% fixed is about as good as its gets really as far as we can see.

We're on 4.69% standard variable rate prior to this latest cut.
in about the same boat as you Christian. 2 year fixed ran out last month and we went on the standard variable rate at a lower rate than we had previously fixed at. that will now be even lower hopefully but the key will be knowing when to and finding a good deal to fix again before the upturn.

in the scheme of things, a 4.5% fixed is a cheap loan really.
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