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What are HSBC like to deal with? Any disadvantages in switching to HSBC? I notice that their "normal" rates are not as good as the big 4 but this could change if they want to become more competitive and increase their share which is only 1% of market. 4.59% is one almighty tempting...

When did you get that? They wouldn't budge on 5.09% for 2 years last week.

Another example: a relative who hires mining staff said that business has dropped markedly since this time last year. I've just fixed 2 loans at 4.99%/5.09% for 2 years. I'm wondering whether I've done the right thing because 2 and 3 year rates could easily be 4.5% by end of year...

Just checked. 4.89% only for interest in advance which is always cheaper than normal rate.

Is that on the 2 years' fixed? If it is, I'm surprised as I thought that the next change would be an increase.

Banks to lower rates outside the RBA cycle Interesting article today on 4 big banks possibly lowering rates outside the RBA cycle. Do you think that they will do it? http://www.news.com.au/realestate/investing/big-four-bankers-to-make-history/story-fndbarft-1226547834986

You are right, they won't negotiate at all. I threatened to take my business elsewhere, it didn't make any difference. I even asked to speak to the manager - another firm "no".

Interest rates are very important for me. Getting them at the right rate and period is vital for my investments. What do you mean by the "bigger picture"

You've given me some food for thought, Regrow. How is your loan split? That is, what % of your loan is variable and what % is fixed? Has the ANZ got any rules on this?

The fixed rates (under professional package) for CBA at the moment is: 1 Year Fixed 5.34% p.a. Comparison Rate 6.39% p.a. 2 Year Fixed 5.29% p.a. Comparison Rate 6.30% p.a. 3 Year Fixed 5.39% p.a. Comparison Rate 6.26% p.a. I think that this applies only to full doc loans. Does...

My PPOR is with ANZ. If I want an offset account, they only allow a maximum of 1 year fixed. I don't have any problems with costs and negotiation as I am on their professional package.

I don't feel that I can lose too much by fixing for 1 year. 2 and 3 years is too restricting ie can't pay much extra off the loan, penalties if I have to sell early. 5.39% is a great 1 year rate. As the Rate City person said, I'm not sure whether it will be drop much further.

Fixed on the way up Was listening to 4BC in Brisbane this morning on the Property Show. Kevin Turner interviewed a representative from Rates City who thought that fixed rates may have bottomed out and could be on the way up. I'm on variable with some of my loans so am seriously thinking of...

Where can you get 5.2% 3 years fixed?