Quote:
Originally Posted by fotze
INGdirect shows:
5 Year Variable 3.00%
1 Year Fixed 3.09%
2 Year Fixed 3.15%
3 Year Fixed 3.19%
4 Year Fixed 3.25%
5 Year Fixed 3.49%
7 Year Fixed 3.99%
10 Year Fixed 3.99%
|
ING is a bit high right now. And given the bond yields on 5 vs 10 year the 5 year is a better deal.
5-year bond is (July 2017) 1.13%
10-year bond is (July 2022) 1.64%
Scotia right now has 80bps pricing between their 5 and 10 year rates and the bond is 51 bps.
So for the 5-year they're pricing 206 bps
So for the 10-year they're pricing 235 bps
Right now - the lender I work for, we're 180 bps for 5 year money and 205 bps for 10. But none of you can borrow from us.
