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Sounds logical to me. In reality though - the serviceability landscape is changing rapidly...so even if NAB seem to be generous today....that could change tomorrow. Cheers Jamie

Thanks for the response :-) Ahhhh - good point re the switch. Cheers Jamie

Yep - my thoughts exactly. Those will be the investors who are hit the hardest. They won't be able to borrow more until income/cashflow improves. If they have a large PPOR debt - that will hurt too. Gone are the days of high LVR IP loans as well - realistically, it looks like 90% incl of...

What's the word on the street with CBA and servicing changes Brady?

Not quite. CBA are relatively generous - but that might change. Nab's changes come into effect this Friday - they don't look too bad (again - that's relatively speaking). They are adding a "loading" to debt held with other banks - but that loading (as far as I know) hasn't been announced...