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I'm the same, but our servicability was ok, but valuation came in and it's at 82%.. finally that is, after a 1 month wait for approval. They want mortgage insurance but no way I'm paying that. Does anyone know if St George can be flexible to "let it through" at 82%? My broker is going to...

Yeah even if we haven't, I think it's ok to apply and get in progress with a rate lock. We have rate locked St george's old rate for 90 days. The full approval will take 6 weeks with their slowness (I don't mind at all!). And then we will delay returning documents to get the full 90 days...

Yeah I'll go for St George rate locked if the valuation is fair. If not, we are stuck with variable

I've been considering fixing for 10 years, but there's a couple of factors stopping me: 1. RAMS has the only "reasonable" rate, 6.19% and I don't want to use RAMS 2. During that 10 years if you want to use equity to re-invest or shop for valuations to maximise your equity, then you can't...

Thanks Rolf, we might keep an eye on the 5.74 St George then. And on the broader market hopefully other banks will come down!

I've been watching this rate too. No one even coming close at the moment. We're cosy with Westpac with our offset account, but considering this and a split loan with Rams. Anyone know if Rams has offset and visa/mastercard? I hope the westpac rates come down to match, aren't they owned by...

Comparison rates are almost a scam, they have unrealistic assumptions such as that the variable rate will stay the same, and the term of the loan etc. They also assume you will stay with that same lender for 30 years!! I look at the fixed rate only, and at the end of the term re-evaluate. You'd...