p2pete
Member of DD Central
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Post by p2pete on Jul 16, 2018 8:51:27 GMT
Dumb money reappears every morning though due to auto reinvest. So we're back to £712,000 in the queue at less than 5.7%.
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jlend
Member of DD Central
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Post by jlend on Jul 16, 2018 13:28:42 GMT
Dumb money reappears every morning though due to auto reinvest. So we're back to £712,000 in the queue at less than 5.7%. I think the 712k included the money on the market at 5.7%. It was not quite clear from your post. The 5.7% money made up the majority of the 712k. This was to be expected as 5.7% was the market rate. The lender offers below 5.7% got matched relatively quickly today so the last match I saw was 5.7% this afternoon.
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dorset
Member of DD Central
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Post by dorset on Jul 17, 2018 17:38:43 GMT
Just bunged a few hundred in at 5.8% and matched within a couple of hours. Prefer 6% but will live with 5.8%. My bids at 5.9% still in the queue.
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mary
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Post by mary on Jul 17, 2018 17:49:18 GMT
Just bunged a few hundred in at 5.8% and matched within a couple of hours. Prefer 6% but will live with 5.8%. My bids at 5.9% still in the queue. With Rolling solidly back above 3% and the 1 year spiked above 5% today for the first time in many months (it peaked at 5.5%), I'm not sure the changes have created the outcome RS expected. 5%+ on the 1 year and 6%+ on the 5 year and I'll start re-investing, currently I'm down 70% from my peak balance. It'll be interesting to see how high the rates need to go to halt the current upward trend?
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rscal
Posts: 916
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Post by rscal on Jul 17, 2018 18:29:58 GMT
What will happen if by 10 pm tonight not all of the MR tranch has been cleared? Currently (7.20) there is still 800k left. Thus the "weighted averge" may be below 3.4 (say 3.3) meaning that tommorow's reinvested customers could be placed ahead of today's! I'm guessing at this rate they will put it at 3.4% so tomorrow's will go in behind todays patient customers
(BTW, if you are under a 14 day suspension, you can't change to rate to 'help' RS out, you can only take yourself out of the queue)
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lara
Posts: 345
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Post by lara on Jul 17, 2018 19:08:26 GMT
(BTW, if you are under a 14 day suspension, you can't change to rate to 'help' RS out, you can only take yourself out of the queue)
Why would you want to help RS out?
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Post by fiatlender on Jul 17, 2018 19:19:30 GMT
What will happen if by 10 pm tonight not all of the MR tranch has been cleared? Currently (7.20) there is still 800k left. Thus the "weighted averge" may be below 3.4 (say 3.3) meaning that tommorow's reinvested customers could be placed ahead of today's! I'm guessing at this rate they will put it at 3.4% so tomorrow's will go in behind todays patient customers From my observations of the rolling market after midnight, it does not work like this.
Anyone still waiting to be filled at 3.4% would be moved to 3.3% shortly after midnight, then the new MR money behind them at 3.3% as contracts roll over early in the morning.
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smezz
Posts: 180
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Post by smezz on Jul 18, 2018 9:01:13 GMT
5.9% queue moved by ~ £90k yesterday.
1 year showing 6.3% at 07:46 - only £323k on lend queue - could move fast if a couple of decent borrowers show up - seems very slow now - nothing for 2 hours.
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Post by gricehead on Jul 18, 2018 15:27:41 GMT
Should see 6.0% in the next few minutes...
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rscal
Posts: 916
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Post by rscal on Jul 18, 2018 15:31:38 GMT
Just got my 5% in the 1 year market. I'm doing daily withdrawals from Rolling and putting it there.
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Post by gricehead on Jul 18, 2018 15:46:39 GMT
Should see 6.0% in the next few minutes... Or not, as quarter of a million just appeared at 5.7%
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coogaruk
Hello everyone! Anyone remember me?
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Post by coogaruk on Jul 18, 2018 15:49:44 GMT
Managed to get 5.9% today, my highest match on the 5 year market since 3rd Feb.
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cb25
Posts: 3,523
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Post by cb25 on Jul 18, 2018 16:28:26 GMT
Should see 6.0% in the next few minutes... and that could come first on the 1 year market, last match at 5.9% (vs last match of 5.6% on 5 year).
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mikeh
Member of DD Central
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Post by mikeh on Jul 18, 2018 16:29:05 GMT
Just got matched at 5.9% on 1 year. Now going for 6.4%.
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cb25
Posts: 3,523
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Post by cb25 on Jul 18, 2018 16:30:54 GMT
Just got matched at 5.9% on 1 year. Now going for 6.4%. Good for you. Ditto on the 1 year 5.9%, but now out of money !
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