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Not obvious. There are two possibles for the X margin - dollars and percentage. Would it be correct to say that as the mortgage dollar value goes up the percentage margin can come down? With an existing mortgage, would not there be less costs to swap that loan at a lower rate than to set up a...

Rolf, even better. Application made, and I will see what AMP have to say.

Thank you for the above advice. The lender is AMP, and I'll contact them next week. MECU has 4.60%, and Wide Bay has 4.4% SVR comparison 4.64%. These would be starting points, and there may be others in that range, circa 50 basis points below what AMP offer. Is the AMP offer just to see what...

Advice is sought about a mortgage. The fixed term expires soon, and the bank has advised that the new SVR rate will be 5.35%, reducing to 5.10% soon. This bank has a rate for new mortgages of 4.74%, comparison 4.76% and I think that there are better rates around. I hope to sell the property in...