I find it hard to believe I'm asking this, but here goes. Over the last few years, long distance rates have progressively dropped. We've always avoided rate stability, i.e. "locking in" because of the ever-lower prices. Well, over the last few months, we've seen our rate stabilize, and even poke up a little bit. (of course we're talking about fractions of a cent, but still..) Now we are in the process of negotiating a new contract, and the question of whether we want rate stability came up. I've never really had to think about it, because I always thought that we would eventually end up at $0.00 per minute calls.
What are your thoughts about where LD rates may be going over the next year? We could lock in at a rate now, and then renegotiate later, but if there are any clairvoyants out there who can tell me what is going to happen, I'd appreciate it.
In a nutshell, do we go for the fixed-rate mortgage, or the variable?
What are your thoughts about where LD rates may be going over the next year? We could lock in at a rate now, and then renegotiate later, but if there are any clairvoyants out there who can tell me what is going to happen, I'd appreciate it.
In a nutshell, do we go for the fixed-rate mortgage, or the variable?