Debt is cheap these days?


Had few folks asking me if they must fix their bond rate or not

Answer...interest rates are at lowest in 47 years. Debt is indeed cheap. Best time to pay off your bad debt eg loans n cred cards if you are getting a bonus


Bond rate fixing

Banks give you a premium ie 3 percent above current rate or higher if you want to fix your bond rate. I think interests will stay low for a while...if you have fixed your bond rate you will be paying higher rates if doesnt not go up immediately. Best is not to fix but ride the interest wave


Meantime

Get rid of debts


Good morning

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