5 year Fixed Swap Rates Fall

Highlighting a bout of volitility in financial markets over Russia and Oil price woe’s our 5 year swap rate has settled at 3.96% today.

This is down from 4.27% on the 2nd of November and 4.52% a year prior.

Negotiate hard with your bank if seeking the certainty of a 5 year fixed interest rate as there is plenty of margin in it.  5 years fixed under 6% is available.