Thread: 1% Rate cut!!
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Old Dec 4, 2008 | 12:57 PM
  #40  
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Christian and Beccy
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Originally Posted by foreigneRS
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.
I'm fairly sure we'd fix at 4.0-4.5%, but will sit tight for now. No real hurry I don't think. We'll see what this latest drop brings in terms of fixed-rate deals.
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