benaj
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Post by benaj on Feb 8, 2020 17:20:43 GMT
Can someone explain why more than 1000 orders could offer above 10% on the Max market? 557 orders @ 11.4%. Is it mate's Max rate?
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Post by Deleted on Feb 8, 2020 17:34:31 GMT
Could be carried over before they changed the rules - I have a reinvestment rate for Access over 8% as that's how it was for Rolling.
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star dust
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Post by star dust on Feb 8, 2020 17:37:20 GMT
Can someone explain why more than 1000 orders could offer above 10% on the Max market? 557 orders @ 11.4%. Is it mate's Max rate? No it's a carry over from rolling. My re-investment rate in rolling was 9.9%, it still is in access, plus (presumably), and max. So when my repayments go back on the market that's where they go despite being way above the 'permissible' rate. I'm not objecting or changing it, it will ensure anything getting accidentally loaned before I can cancel the order is being lent at an exceptional rate  .
In Edit: X-posted with @inv11 - same answer 
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benaj
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Post by benaj on Feb 8, 2020 17:41:00 GMT
Can someone explain why more than 1000 orders could offer above 10% on the Max market? 557 orders @ 11.4%. Is it mate's Max rate? No it's a carry over from rolling. My re-investment rate in rolling was 9.9%, it still is in access, plus (presumably), and max. So when my repayments go back on the market that's where they go despite being way above the 'permissible' rate. I'm not objecting or changing it, it will ensure anything getting accidentally loaned before I can cancel the order is being lent at an exceptional rate . Then how could you explain the access highest rate now is 10.4%?, it's even 0.5% higher than yours? That's 75k piling on the highest rate.
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star dust
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Post by star dust on Feb 8, 2020 17:50:28 GMT
No it's a carry over from rolling. My re-investment rate in rolling was 9.9%, it still is in access, plus (presumably), and max. So when my repayments go back on the market that's where they go despite being way above the 'permissible' rate. I'm not objecting or changing it, it will ensure anything getting accidentally loaned before I can cancel the order is being lent at an exceptional rate . Then how could you explain the access highest rate now is 10.4%?, it's even 0.5% higher than yours? That's 75k piling on the highest rate. Actually the highest rate on your screenshot was 11.4% - 1.5 percentage points above mine, but once upon a time you could set your rate in rolling (or any of the markets) where you wanted. I think it will just be old settings from rolling kicking in. I'm frequently amazed at what people leave stacked up in the markets there's been millions on the 5 year market at rates unobtainable for months.
Have you looked at it before - does it vary much?
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benaj
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Post by benaj on Feb 8, 2020 17:55:35 GMT
I did remember there was a time an offer for 90% was placed on the 5Y market before the introduction of Going Rate, then somehow got removed / cancelled.
Now on the 5 Y market, there’s no rate above 10%.
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ashtondav
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Post by ashtondav on Feb 8, 2020 18:57:37 GMT
Does anything move on the 5 year market, anymore, and at what rates?
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robski
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Post by robski on Feb 9, 2020 11:00:56 GMT
Does anything move on the 5 year market, anymore, and at what rates? Its slowly clearing up I suspect RS moved more to match there when the new markets were spiking high It matched upto I think 5.7% or 5.8% last weekend
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