Monday, March 23, 2009

Rates again!

Well 5 year rates have moved again with the pressure on lenders margins forcing most up to the 6.75% mark. I read some interesting words from Matthew Gilligan on his blog which you can find on http://www.familytrusts.co.nz/blog/

Matthew is one of the partners at Gilligan Rowe and Associates, an Auckland based Chartered Accountancy practice, who provide full range accountancy servies but have specialised in advice for property investors.

As for me there is enough news out from the lenders to make me think that folks should consider seriously locking in long.

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