This seems like the sort of place where people might have opinions to help me...
I have inherited a lump sum in the UK which is less than the mortgage I have here, paying 5.75% interest here.
I could save about $50 / week off the mortgage payments at the current exchange rate if I brought the money over now.
Or I could wait and see if the exchange rate gets better and get a bigger sum when (if) this happens.
At this point I am thinking "stuff it, bring it over now" for two reasons:
1. If I had been given this problem in 2009, then I would still be waiting, it's just got worse since then.
2. Whilst I sit and wait, I will get next to no money from investing this money in the UK. Rates there look appalling unless you are a borrower.
What do you think? Has the rate got so bad it can now only get better?