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FYI, http://bloomberg.com/apps/news?pid=20601087&sid=aBncZw9DlhRI&refer=home Just thought it may be interesting to bring it up as a discussion topic.

Hi all, I'm not sure if this question has been asked, but here it is: Currently I have 50% fixed loan and 50% variable. Since the fixed loan is for 10 years, the breaking cost is rather hefty. Therefore, switching my variable loan from redraw to offset may prove to be difficult. My...

I think this article has crunched the myth that rent will keep going up in bad time. http://www.bloomberg.com/apps/news?pid=20601213&sid=aI.M_5CqhbCY&refer=home The key here is the housing formation pattern change will affect the demand for housing significantly. There is no reason why...

There's quite a few insulation questions lately.. maybe because we just had coldest winter in years? :D Anywayz, I would like to hear from anyone's feedback on the spray in polyurethane foam insulation.. it sounds quite appealing, in that it seals all the drafts, it's totally air tight and...

deleted post This post is deleted by feihong

To all the gurus/experts: From what I heard, PMI now has a policy stating that refinancing is not allowed within the 12 month from the last refinance/loan application. Is this true? I also heard that Gemworth will not accept any client who has been rejected by PMI previously.

These are extracted paragraphs from the RPData email I received in my email, and I thought I would post it here for open discussion: Cracks appear in the upper end of the market Property markets outside the mortgage belt are now starting to feel the pinch as a combination of interest...

To all the gurus out there: I'm sure everyone is already aware of the DJIA 417 points rally by the time you read this post due to Berno et. al.'s actions: http://www.bloomberg.com/apps/news?pid=20601087&sid=aMNExWUaiibM&refer=home What's your opinion on this latest movement? Is the Fed...

Hi all, I am just wondering if anyone of you have purchased in an area which is subsequently bought out by the council/government for purposes other than residential? (Like the movie "The Castle") If yes, do you tend to get a massive premium to the market value at the time?

The US government has made a critical decision in pushing to have the subprime mortgage rate frozen for the next 5 yrs to reduce foreclosure rate. The million dollar question is, will people still walk away from their own properties (since the value has dropped so much that it's not worth...

Dear all, just in case you who are an existing client of CMC Markets, the credit card bpay fee has gone up from 0.068% to 1.8%. I wasn't really happy this morning after finding it out in tough way :(

this morning's close is significant in terms of testing double top neckline and failed convincingly. If it continues to fail to break through the resistance by the close of this week (both end of week and end of month) then I reckon position trading with short is on. Btw, it was confirmed in...

For those of you who had a few bobs on the election tomorrow, the market shows that Coalition is now back to 3.6 (It was still 5.1-5.2 this morning!). I expect the odd to duck under 3 before the booths close tomorrow.

fyi, http://www.bloomberg.com/apps/news?pid=20601087&sid=aui7r7pnCQHo&refer=home

Hi all, As we all know oil reserve probably on the way of depletion (as per 'peak oil' thread), and will do so in rapid manner. So, will it be the only commodity that will not be correlated to a recession (barring soft commodities)? From what I can see, we still have plenty of iron ore...

Hi all, I have some urgent works that need to be done to an IP. Currently I am a bit short of working capital and would not be able to refinance any of my properties for additional equity as I have purchased all my properties within the last 6 months. The question is, is it possible at all...

I don't know if anyone agrees, but I think both parties have also missed the importance of R&D. Australia is too biased towards sports. I love my sports, but I think at the some point we really need to look at the balance here. All other first world countries have solid industry(ies) with high...

I am always of belief that as long as India and China can hold out their inflation internally without raising the value of their underlying currency, then the global inflation will be contained. However, bloomberg has produced the following article this morning. This is what I feared more than...

Hi all: This is the problem I am struggling to handle myself. I find it hard to fully concentrate on my work while committing to investment, whether it's share or property (far more appealing alternatives). Has anyone come across with similar problem? Your comments and advices would be...

The interbank lending rate has just gone up again (in the line of 7.3% or something), and there's no sign of the rate rise abating. Lo-doc and no-doc will be doing it much tougher than full-doc.. Any suggestion how this will affect the market in general? Is everyone comfortable with their...