RBC Interest Rate Forecast
- Thread starter wgraham
- Start date
QUOTE (wgraham @ Jan 9 2009, 12:13 PM) http://www.rbc.com/economics/quicklink/pdf/rates.pdf
you can see exactly when to lock in!!
Enjoy
W
Please elaborate on how one would go about reading this.
Thanks
you can see exactly when to lock in!!
Enjoy
W
Please elaborate on how one would go about reading this.
Thanks
QUOTE (vandriani @ Jan 9 2009, 01:56 PM) Please elaborate on how one would go about reading this.
Thanks
Its just showing what RBC thinks interest rates will be. They`re basically saying that interest rates will stay going down this quarter, than stay flat until the second quarter of 2010 when they will start to rise.
Thanks
Its just showing what RBC thinks interest rates will be. They`re basically saying that interest rates will stay going down this quarter, than stay flat until the second quarter of 2010 when they will start to rise.
QUOTE (wgraham @ Jan 9 2009, 01:13 PM) you can see exactly when to lock in!!I do not see any reason in here to lock in rates !!
Stay variable is what it tells me .. Why: since RBC`s guess for rates in 2 or 5 years is only marginally better than ours, they have to add a substantial risk premium in for fixed rates over variable. Thus, variable rates are the way to go .. beter to keep some cash in teh bank from saving to allow for a potential (but unlikely) sharp increase in rates !
Stay variable is what it tells me .. Why: since RBC`s guess for rates in 2 or 5 years is only marginally better than ours, they have to add a substantial risk premium in for fixed rates over variable. Thus, variable rates are the way to go .. beter to keep some cash in teh bank from saving to allow for a potential (but unlikely) sharp increase in rates !