• Login:
Welcome, Register Here
follow PropertyTalk on facebook follow PropertyTalk on twitter Newsletter follow PropertyTalk on LinkedIn follow PropertyTalk on facebook

Latest Threads/Videos


News and Views

Most Active - Last 30 Days


Page 551 of 551 FirstFirst ... 51 451 501 541 549 550 551
Results 5,501 to 5,506 of 5506

Thread: Interest Rates

  1. #5501

    Default

    That's pretty sharp

  2. #5502
    Join Date
    May 2007
    Location
    Hamilton
    Posts
    3,211

    Default

    Quote Originally Posted by propertynewb View Post
    My offer from BNZ today.

    Loan Type Fixed Rate Period or Variable Indicative Rate
    (% per annum)
    Standard or Fly Buys Fixed Rate 6 months 4.39%
    Classic Fixed Rate (owner occupied & mixed only) 1 year 4.25%
    Standard or Fly Buys Fixed Rate 1 year 4.35%
    Standard or Fly Buys Fixed Rate 18 months 4.39%
    Classic Fixed Rate (owner occupied & mixed only) 2 years 4.39%
    Standard or Fly Buys Fixed Rate 2 years 4.49%
    Classic Fixed Rate (owner occupied & mixed only) 3 years 4.75%
    Standard or Fly Buys Fixed Rate 3 years 4.85%
    Standard or Fly Buys Fixed Rate 4 years 4.99%
    Standard or Fly Buys Fixed Rate 5 years 5.25%
    TotalMoney Variable/Std or Flybuys Variable 5.20%
    Rapid Repay Variable Variable 5.25%
    At these levels, why wouldn't you be looking at some long term rates?

    I like the old saying, "don't put all your eggs in one basket".

    It depends a lot on other lending, but if for example you only had one loan of $530k, I would look to split something like
    30k floating, with aim to pay off over next year
    $250k 1 year at best rate, 4.25%
    $250k at 4 or 5 years to give some long term protection

    Using this example,
    - if interest rates go up, at least you have around half fixed long term
    - If interest rates go down, at least you have around half fixed for only 1 year

    I personally think floating large amounts is pointless. If you really wanted to keep it short, you could fix for 6 months and save almost 1%.

    Ross
    Are you getting the best Accounting advice? Check out our offer for only $100 incl GST
    http://www.cswaikato.co.nz/index.php...150&Itemid=125

  3. #5503
    Join Date
    Aug 2009
    Location
    Auckland
    Posts
    1,066

    Default

    Quote Originally Posted by propertynewb View Post
    My offer from BNZ today.

    Loan Type Fixed Rate Period or Variable Indicative Rate
    (% per annum)
    Standard or Fly Buys Fixed Rate 6 months 4.39%
    Classic Fixed Rate (owner occupied & mixed only) 1 year 4.25%
    Standard or Fly Buys Fixed Rate 1 year 4.35%
    Standard or Fly Buys Fixed Rate 18 months 4.39%
    Classic Fixed Rate (owner occupied & mixed only) 2 years 4.39%
    Standard or Fly Buys Fixed Rate 2 years 4.49%
    Classic Fixed Rate (owner occupied & mixed only) 3 years 4.75%
    Standard or Fly Buys Fixed Rate 3 years 4.85%
    Standard or Fly Buys Fixed Rate 4 years 4.99%
    Standard or Fly Buys Fixed Rate 5 years 5.25%
    TotalMoney Variable/Std or Flybuys Variable 5.20%
    Rapid Repay Variable Variable 5.25%
    New loan or refixing an existing loan?

    If refixing, what is your current LVR?
    www.PropertyMinder.co.nz
    # Property Management
    # Ad Hoc Tenancy Services / Rental Inspections / Terminations and Notices

  4. #5504

    Default

    Quote Originally Posted by Rosco View Post
    At these levels, why wouldn't you be looking at some long term rates?

    I like the old saying, "don't put all your eggs in one basket".

    It depends a lot on other lending, but if for example you only had one loan of $530k, I would look to split something like
    30k floating, with aim to pay off over next year
    $250k 1 year at best rate, 4.25%
    $250k at 4 or 5 years to give some long term protection

    Using this example,
    - if interest rates go up, at least you have around half fixed long term
    - If interest rates go down, at least you have around half fixed for only 1 year

    I personally think floating large amounts is pointless. If you really wanted to keep it short, you could fix for 6 months and save almost 1%.

    Ross
    Agreed. I am about to have $50k floating with the aim of paying it off by end of 2018 - the rest is still fixed at 4.94 for three years.

  5. #5505

    Default

    Quote Originally Posted by BigDreamer View Post
    New loan or refixing an existing loan?

    If refixing, what is your current LVR?
    Refix @ 63% LVR

  6. #5506

    Default

    They look pretty good!


 

Thread Information

Users Browsing this Thread

There are currently 4 users browsing this thread. (0 members and 4 guests)

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •