With the market conditions the way they are and the global economy

With the market conditions the way they are and the global economy as unstable as ever, it's very to hard to know which direction interest rates are heading and for how long they may be heading that way...Never have we had such a time where outside influences in the world can effect our economy here at home. Sure, there are expert opinions in the media, however we all know how wrong some of these experts can be... So let's look at the basics of each. A fixed rate is exactly that...FIXED, for a period of time that you choose. You are betting on interest rates rising and being higher than your fixed rate for the amount of time that is beneficial to you in saving on interest had you remained on a variable rate. A fixed rate often has a premium built into the rate, sometimes two rate rises in fact. So if you choose this, you are in a way betting that the interest rates are going to rise twice and then keep rising so you will recoup the additional interest you had been paying when the variable rate was lower. Trying to time the rises or when to fix can be very difficult as in trying to time anything perfectly. However, in such unstable times there are some very competitive one and two year fixed rates out in the marketplace. A variable interest rate loan is one that rises and falls over the term of the loan. The term of the loan is very long and we know that rates are going to rise and rates and going to fall but as with most things they tend to even themselves out. This is why I prefer a variable rate because trying to time the market is very difficult. I would not want to fix my loan when rates are high, only to them fall and be stuck with a fixed rate paying higher interest. Which brings me to my next point which is flexibility. Fixed rates are often less flexible and can occur fees and penalties if paid off quickly, where as a variable rate has more flexibility in this aspect. If timing is poor, then you may find yourself stuck with a fixed rate when the variable rates are far lower. Of course, on the other hand you may be in a winning position. You may have a low fixed rate and be set with that while the variable rates are rising. This is a great position to be in.. A third option is to hedge your bets and split your loan into both a fixed and a variable portion. You can make additional repayments on the variable portion while leaving part of your loan fixed. In these unstable times, this is a great option to think about. More : Www.paydayphone.com mutual cash 1800CashNow.com www.mtvernonpaydayloan.com Mongo-345 Need cash advance?. www ameriloans com www.WeFitMoney.com www getzpayday com paydayonphone.com BADCREDITPAYDAYLOANS.NET DEBTRELIEFOPTIONS search cash 565 greenhand88 give me application for www. usa shopping cash . com Ace Check Cash Express Locations www juniperloans.com Pay Day Loan Washington Dc www.24HourGreen.com Need pdl now com payday loan www.mongo.com AXISBANKPERSONALLOANS Canyon Exchange payday loans time to pay back give me application for www. usa shopping cash . com www a1afastcash.com getting a loan is easy with westernsky Get www.winnepegpaydayloan.com Paydayloantoday.com star cash processing loan www.e-quickpay.com Guaranteed Loan Approval www.wisconsinpaydayadvance.com Www.Credit888.com www Cash106 com Carlton Outdoors www 1houronlinecashadvance.com Route 66 Payday Loan Www.Mongo789.Com Cash2You.com mongo loans wwwl payday advance com www EZpaydaycash.com www.mspayday.com pdlcashnow Multi Payment Payday Loans Cashmiracle www Funds300 com PACK MANAGEMENT GROUP, LLC National Cash Advance BULLDOGREPORTER cash swf Cash deposited in hour. Cash Advance Usa Overnight Cash Advance c m enterprises Payday Loan Lenders Cash Advance Check www.payday44.com www Payday33 com Get Cash Advance One Hour www.13need cash now Free Quick Signature Loan Online www.ms-payday-loan.com www prosper.com EMPLEOSCB Directonlineadvance.com 454needcash.com CashAdvanceHelp.com best deals on personal loans Payday Loan $1500 EasyLoanFromHome.com world finance corporation Montel Williams Payday Loan www.goalbuilder.com wwwcash usa.com Cash Advance Wired Www.Advance77.com Low Rate Payday Loan Baltimore Payday Loans Loan By Phone www.mongo.com www.worldpaydayloanfederation.com advance cash now car title loans dallas Get Fast Payday Loan Online loan 33 Debtor Education paydayonphone.com cash900 www.350needcash.com www.cashgenieloans.co.uk Check Advance Placed Www.1houronlinecashadvance.com www.paydayloansalliance.com 1346needcash.com Www..hourloans.com www.cash700advance.com Cash Advance Payday Loan www.788needcash.com Www.actionpaydayloans.com www.cash 150.com 454needcash.com