Quote:
Originally Posted by Bertuzzied
My mort broker has a 5 year listed at 3.69%. Still not low enough for me to consider locking it in.
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thats a pretty tempting rate ... how long until inflation causes rates to rise above 5%? i think the chances are pretty high as 5% is still a pretty low rate and there is so much room to go higher. yes this rate is going to be maintained unill Q2 2010, but lots can happen in 5 years and i think its a pretty safe bet that rates are only to go up in the mid term future.
if i was working, i would consider locking in at anything under 3.7.