Give us a call: (09) 486 4719
btn book free consultation

Blog

Email me when new posts are made to this blog

Interest rates at all time low

November 19th, 2018.


There is a reasonable chance you have already heard about the phenomenal rates being offered almost across the board now with most banks having rate specials down into the 3%'s.

What you may not be aware of is that you don’t necessarily need to wait until your current fixed rates expire in order to take advantage of these very low rates.

We are already seeing in many cases that people are better to break out now and refix at the lower rate with the interest saving more than outstripping any break fees.

As a personal example yesterday, I broke out of a 5-year rate that I had locked down circa 2 years ago for 4.65%. I incurred no break fee in doing so.
I then re-fixed at a interest rate of 3.99% for 2 years which is obviously a considerable saving.
To do a fair comparison however it is worth noting that I got offered a 3-year fixed rate at 4.29% which is roughly the period I had remaining on my term.
So, in this example if I had taken the 3-year rate I would have benefited with an interest saving of 0.36% with no actual cost to get out.
In another split I have with a different bank I am wearing a break fee of slightly under $2k to get $10k of interest savings over the next 2 years.
 
If you want to investigate whether you can also benefit from this please contact us HERE and we will be in touch so you can take advantage of these unprecedented rates currently on offer.


Kris Pedersen 

14 Comments

Derma Roller online in Pakistan says ...
Awesome blog. I enjoyed reading your articles. This is truly a great read for me. I have bookmarked it and I am looking forward to reading new articles. Keep up the good work! Derma Roller online in Pakistan
Kate Thomson says ...
Interest is the baking term which is calculated by the rates and this is called interest rate on the money all along. The published article is about grabmyessay.com for grabbing the rates and the rates are all time low in the industry for the investors and lacking.
Rukkaya says ...
You made me happy to read this article.
<a href="https://www.shaukeen.com">Shaukeens</a>
Forrest O. Calloway says ...
I have additionally adopted a beautiful cat as a puppy in my residence. I actually have named her Kitty. She is very cute buy college research paper and lovable. She sleeps in my bed. I truly like her hairs.


dddd says ...
<a href="https://www.robustposts.com/">Robust Posts</a>
sam harries says ...
I really enjoy simply reading all of your weblogs. Simply wanted to inform you that you have people like me who appreciate your work. Definitely a great post. Hats off to you! The information that you have provided is very helpful. energy comparsion tool
frank says ...
GSEB is one the famous educational institute in India. Which impart basic school education from 1st to 12th class along with take some state level entrance exam. The HSC (Class 12th) and SSC (Class 10th) is two major examination conducted by the GSEB. Last year pattern of the question was different rest of year. Some aspirants face some level of paper change. Theref0re, to resolve this board is going to share Gujarat Board Exam Paper 10th std. BSEH 12th Admit Card 2020

mahnoor says ...
I love the way you write and share your niche! Very interesting and different! Keep it coming! <a href="https://www.jewellylife.com/">Cheap Price Jewelry Sale Store</a>
mahnoor says ...
I love the way you write and share your niche! Very interesting and different! Keep it coming! <a href="https://www.jewellylife.com/">Cheap Price Jewelry Sale Store</a>
mahnoor says ...
I love the way you write and share your niche! Very interesting and different! Keep it coming! <a href="https://www.jewellylife.com/">Cheap Price Jewelry Sale Store</a>
mahnoor says ...
I love the way you write and share your niche! Very interesting and different! Keep it coming! <a href="https://www.jewellylife.com/">Cheap Price Jewelry Sale Store</a>
mahnoor says ...
I love the way you write and share your niche! Very interesting and different! Keep it coming! <a href="https://www.jewellylife.com/">Cheap Price Jewelry Sale Store</a>
mahnoor says ...
I love the way you write and share your niche! Very interesting and different! Keep it coming! <a href="https://www.jewellylife.com/">Cheap Price Jewelry Sale Store</a>
mahnoor says ...
This is such a great resource that you are providing and you give it away for free. I love seeing blog that understand the value of providing a quality resource for free. Cheap Price Jewelry Sale Store

GET IN TOUCH FOR FREE, NO-OBLIGATION ADVICE ON YOUR NEXT INVESTMENT

“ *As a rule, we advise that you contact us as early as possibly to secure the most suitable time for your consultation.
Product Query

First Name*
Email*
Phone
 

CONTACT US

Kris Pedersen Mortgages Limited

+64 9 486 4719
info@krispedersen.co.nz
Skype: Kris_Pedersen    
Takapuna Office
 
388 Lake Road
Takapuna
Auckland 0622
Newmarket Office
 
Level 6
135 Broadway
Newmarket
Auckland 1023
Postal Address
 
PO Box 33650
Takapuna
Auckland 0740