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Appears rather early for them to pull back. Even if they do "start", it may be a slow process to ease back to the level of generosity of banks once were. Can't be sustained forever, but likely for the medium term. I don't think that's their concern for the time being.

Based on that, who are the "current buyers"? Seeing from a Sydney-sider's perspective, I maybe wrong but I think there's a good chance that most of these "current buyers" are likely to be investors prior to the APRA changes. PPOR buyers, not that many I'll say since every open houses I've been...

That's if investors starts selling off their properties like wildfire which is unlikely for now. I'm not an expert but my personal thoughts are these changes only impact on investor's behaviour to continue acquiring more IPs. It would not affect their current serviceability of their existing...

Number 2 obviously was never accounted for PPOR loans.

Is NAB the only bank that requires full application? Would this mean when the time comes to extension, I could be losing my current discount of 1.3% off the SVR?

You are probably right on that one. However, I wouldn't be so sure if the members on somersoft would represent a significant percentage of all investors. Correct me if I'm wrong, many of the double digits property investors invest outside of the capital cities?

Mate, the rental prices has alot of catching up to do before it'll allow the average investor to be in a position to borrow again to invest in another IP. Plus, rental income used for servicing isn't as attractive as it would be due to the changes made to the servicing calculators.

Provided that they don't go use this equity and invest in another property, they shouldn't have much of a shock, would they?

Since there has been many talks about foreseeing a slow down in growth of house prices, would this slow down also likely to lead to more conservative valuation than it is now by the banks too? I know a few mates who have deposited their money for OTPs to be completed in the next yr or two, I...