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For a one year fixed, are there any more competitive comparison sites than MSE?
Comments
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It is certainly uncomfortable being proved wrong... with facts and data to boot!masonic said:
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Fixing using the 24th August 3.2% offering, for example, a few weeks after the rate decision, will turn out to be a bad time to fix if another 0.5%+ rise happens next week and rates are ~3.7% in 4 weeks time (~19th October). At that point, if there's another rise in the 3rd November meeting, an argument could be made to hold off until a few weeks after that. And so the cycle repeats until we think the MPC will hold rates steady.
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OK I concede, upon reading your post I've changed my mind - Masonic looks to be right and I was wrong.Know what you don't2 -
To be honest, I didn't know what the data would suggest until I delved into it.Exodi said:
It is certainly uncomfortable being proved wrong... with facts and data to boot!masonic said:
...
Fixing using the 24th August 3.2% offering, for example, a few weeks after the rate decision, will turn out to be a bad time to fix if another 0.5%+ rise happens next week and rates are ~3.7% in 4 weeks time (~19th October). At that point, if there's another rise in the 3rd November meeting, an argument could be made to hold off until a few weeks after that. And so the cycle repeats until we think the MPC will hold rates steady.
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OK I concede, upon reading your post I've changed my mind - Masonic looks to be right and I was wrong.
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