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Posted by gopi 3 years ago In:

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gopi
gopi Asked About 'What's better, a fixed or variable interest rate? on QueryCAT'

Fixed to variable

i bought house in 2008 march for 8.87 intrst rate with 2 yrs fixed .but now intrest r going down. i am thinking to break contract to fixed to and come to variable rate now. is it good or not?bank is asking 7000$ for break cost.most economists r predecting that in future more cutting of intrest rates .how safe to move to fixed to variable

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