With how high interest rates could now go scaring some people a little, and with terms of four and five years only fractionally higher than terms for one or two years, some are probably wondering whether they should opt for a little more certainty and go long, especially if anything over 7% becomes problematic for them.

But fixing long term can be problematic in the context of the economic environment we’re heading into – and there are some lessons from the GFC on this.

LISTEN ABOVE

With how high interest rates could now go scaring some people a little, and with terms of four and five years only fractionally higher than terms for one or two years, some are probably wondering whether they should opt for a little more certainty and go long, especially if anything over 7% becomes problematic for them.
But fixing long term can be problematic in the context of the economic environment we’re heading into – and there are some lessons from the GFC on this. 
LISTEN ABOVE

Jack Tame’s crisp perspective, style and enthusiasm makes for refreshing and entertaining Saturday morning radio on Newstalk ZB.

News, sport, books, music, gardens and celebrities – what better way to spend your Saturdays?

Jack Tame’s crisp perspective, style and enthusiasm makes for refreshing and entertaining Saturday morning radio on Newstalk ZB. News, sport, books, music, gardens and celebrities – what better way to spend your Saturdays?

Jack Tame’s crisp perspective, style and enthusiasm makes for refreshing and entertaining Saturday morning radio on Newstalk ZB.News, sport, books, music, gardens and celebrities – what better way to spend your Saturdays?