Search results

Looks like most of the banks are increasing their fixed rates.

it will take effect as of Wednesday 13th of June 9 origin night :) it's a special discount of a further -0.10% off their 3 years fixed rate only + it needs to be part of the premier package. 1 year - 5.99 2 years- 5.89 3 years - 5.89 P.s 0.15% fixed rate lock fee applies, if...

I disagree... "unless you aren't working and never ever intend to sell." If you not working; i def won't recommend fixing- what happens if your force to sell due to unemployment, family, bills etc?? keep it as variable and have the flex to off load if required. There are plenty of...

Having an "advertised" low rate is pretty useless if it doesn't have the correct features to support your investing journey + the total set up cost/on going. For example: 1. NAB's 5.99% for 3 years is for P/I only....if you want I/O then it's +0.10% - simliar to what Citibank does. 2...

Yep that was an insane rate at that time! lasted only for a few weeks only though and i think a lot of people missed out thinking it would go below 4.50...

From AMP--- ------------ 2 and 3 year fixed rate increase Satuday night 11.59pm Hi All - Home Loan - fixed interest rates increase 2 year fixed rate loans increase by 0.15% p.a - 6.14% 3 year fixed rate loans increase by 0.20% p.a - 6.19% Deals submitted prior to this...

Technically speaking it does end today....they may extend- but i haven't heard anything back from ANZ yet; as they are quite busy. http://anz.com.au/personal/home-loans/compare-home-loan/breakfree-home-loan/ My feeling is they will continue to extend the offering. but who knows- will have...

Somme lenders have increased their fixed rates by up to 0.5%- Citibank, bankwest , NAB etc... So it looks like the fixed rate of 5.8-5.99 are scrapping the bottom of the barrel...and may not last for long. ANZ fixed rate of 5.80 and 5.99 3 years ( break free) ends today :(

No refinance cost involved ( ie discharge title etc...) but they will charge you to change product, re-asses your file or to lock in the rate etc... Are you on a break free package right now? the 5.80% is for break free clients ( new and existing) Regards Michael

A standard $400,000 loan would still benefit from this lower rate and higher set up cost, but it depends on what your comparing this rate too. Normally most product has a $500-$600 total set up cost either way. So with this product it's an extra $650 for a rate of 5.57% --- next lowest/...

I/O available at the same rate. 2 years fixed 5.57% - I/O. Revert to standard variable that's currently 6.34%. P.s Corrected the rate- YES that's right it's 5.57% !!!! for 2 years. Note- This product has a higher set up cost ~ $1,250 Regards Michael

Sorry i haven't checked yet- ill shoot an email to their credit team and check. My feeling is that it's for P/I only tho. But if anybody find out before then- Post the answer up :) Regards Michael

FYI- Iden financial ( funded via Adelaide bank) is offering 5.74% for 2 years -and i think this is the same rate for I/o as well ( will have to check that though, doubt it but we shall be optimistic...) ;) Regards Michael

It's actually a commercial type "bond" fixed rate....hence the higher set up cost - but targeted at resi properties only...but yea true- holding a resi for 15 yeas is hard to predict :( OK for PPOR...not sure abt an IP.... Reagrds Michael

* P and I only * No portability ( swap security, if you decide to sell) ; so you MUST be sure you want to keep this for 15 years.:rolleyes: * $345 Annual fee * $1,200 set up cost * Postcode restriction applies- Cat 1 and 2 only( no mining or rural town) + No NT. Equity release is...

Unfortunately no portability. it's a lock in 15 years rate to that one security only. Regards Michael

Good overall lender. Poor policy concerning construction though. Regards Michael

Available to CPA, Doctors, medical industry,Engineer's, lawyers and a few more industry/association.:) AMP affinity Groups Regards Michael

Since your retired and income will be limited- i would fix so you know exactly what to expect; and no need to worry and stress about rate rise. But be aware once you fix, and you decide to sell ( downgrade, financial problems) there are break cost involved. Regards Michael

Fixed rate doesn't move in concession to the RBA; it's a different funding source. So it be the bank's internal decision if they want to increase or decrease the fix rate based on what contact they can write up in the global/ wide economy.;) To date, i dont think any of the banks has made...