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Post by gravitykillz on Jun 23, 2019 17:18:29 GMT
Everybody is withdrawing rates hit almost 7% on rolling!
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mary
Member of DD Central
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Post by mary on Jun 23, 2019 17:43:22 GMT
Everybody is withdrawing rates hit almost 7% on rolling! No. There is £4m of Lenders money on offer across all markets, and only £100k of Borrowers. The laws of supply and demand occasionally mean one market goes higher than others, but for sure rates will be ~3.2% on Rolling tomorrow, and for most of the week. However, at 6%+ I’ll take it as it won’t last.
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smezz
Posts: 180
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Post by smezz on Jun 23, 2019 18:04:03 GMT
26k at 6.% - that's almost reasonable.
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pip
Posts: 542
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Post by pip on Jun 23, 2019 18:39:50 GMT
26k at 6.% - that's almost reasonable. Sunday night of the last week of a month used to be a great time to get a good rate on the 5 year market. Good to get 6% on rolling, IMHO anything under that on p2p and the risks/rewards don't stack up.
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benaj
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Post by benaj on Jun 23, 2019 18:41:33 GMT
Nothing wrong with RS. Others are enjoying the current rolling rates while a few lenders like myself managed to withdraw ££££££ rolling holdings within 72 hours, I do lend in 5 year account. I wish I could have added more money in Rolling but can't due to RS 14 days restriction and I do need majority of my Rolling money.
Get those rates while you can. Enjoy.
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tyrex
Posts: 78
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Post by tyrex on Jun 23, 2019 19:46:27 GMT
Tempted at 6%, but am already over my 10% P2P max liquid allocation limit. Especially difficult this weekend as the Mrs is very unusually giving me permission too!
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smezz
Posts: 180
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Post by smezz on Jun 23, 2019 21:39:21 GMT
How about 6.6 ?
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IFISAcava
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Post by IFISAcava on Jun 23, 2019 22:38:03 GMT
just got 6.5, 6.6 & 6.7! Responding to my earlier exhortation, a knobhead just put £9k at 5.7 when last deal was 6.7! ... and £4k at 4.9!. The question is does one settle for 6.7, or does one hold out for 6.8, 6.9 and 7.0?!
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mikeh
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Post by mikeh on Jun 23, 2019 22:47:27 GMT
Just got 6.8% on Rolling. I'm beginning to like RS on Sunday nights.
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Post by discogod on Jun 23, 2019 22:52:33 GMT
what sort of time does it normally finish? Or is it literally until the money we currently see runs out (£31k)
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smezz
Posts: 180
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Post by smezz on Jun 23, 2019 23:04:40 GMT
£8k at 4.5% just gone on (last rate 6.5) - think this must be RS moving money from 1 year (current min 4.0%) to Rolling.
Another £20k of borrowing just gone on too though!
Edit: another £47k this time at 4.3% seems to have finally killed it.
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tyrex
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Post by tyrex on Jun 24, 2019 8:02:45 GMT
Responding to my earlier exhortation, a knobhead just put £9k at 5.7 when last deal was 6.7! Could this simply be somebody withdrawing from the rolling market and the loan selling at their original rate? Or do secondary market offerings always go on at the bottom?
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smezz
Posts: 180
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Post by smezz on Jun 24, 2019 10:23:23 GMT
Interesting idea.
Anyone got any comments?
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Post by jdot on Jun 24, 2019 10:45:48 GMT
26k at 6.% - that's almost reasonable. Sunday night of the last week of a month used to be a great time to get a good rate on the 5 year market. Good to get 6% on rolling, IMHO anything under that on p2p and the risks/rewards don't stack up. May I ask what else you do or where else you put your money if you don't get 6%
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benaj
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Post by benaj on Jun 24, 2019 12:33:14 GMT
All my RYI request were released yesterday and I managed to "press" the withdraw button on RS account a minute ago. RS is working hard to resolve the cloudfare issue. "We regret that we are having technical difficulties with an external partner, and you may experience difficulty logging into your account at this time. We apologise for this. RateSetter is working with the supplier to solve the issue as quickly as possible." www.cloudflarestatus.com/Last match on the rolling market : 2.9% at 13:31 Money available on the rolling market 3.1% £18,395.74 / 26420 orders
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