Hiya
Due to Westpac's inefficiency, i find myself on the threshold of a (delicious) dilema.
If you recall, Westpac had a 4.99% 3 year fixed rate offer a few weeks ago. I pounced on that offer but to date, have just received the documents yesterday. Westpac has agreed to backdate the offer due to their "screw up" (pardon moi french).
Now is my quandary. The rates may(?) will (?) fall by 1% tomorrow(?) which will bring my variable from 6.11 to 5.11%.
If you were me, would you take up Westpac's offer? or stay variable?
Note: either way, i am cash flow positive on my IP! Delicious...
Cheers
jennifer
Due to Westpac's inefficiency, i find myself on the threshold of a (delicious) dilema.
If you recall, Westpac had a 4.99% 3 year fixed rate offer a few weeks ago. I pounced on that offer but to date, have just received the documents yesterday. Westpac has agreed to backdate the offer due to their "screw up" (pardon moi french).
Now is my quandary. The rates may(?) will (?) fall by 1% tomorrow(?) which will bring my variable from 6.11 to 5.11%.
If you were me, would you take up Westpac's offer? or stay variable?
Note: either way, i am cash flow positive on my IP! Delicious...
Cheers
jennifer