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Hi all, I refinanced and fixed a couple of months ago with WBC at 5.73 for 2 years; this was when they were offering a discounted 6.19 for 2 years. It was also when Citibank were offering 5.75 for 3 yrs. So I believe it is possible to get an aggressive rate particularly if the bank happens...

I presume you are referring to the 70% of prop investors who only ever buy 1 investment prop and then 5 years later 70% of these one timers hastily selling to realise what they thought was going to be a healthy profit. It's good to see you are "in the business", how about hunting me down a...

I think most residential investors understand it costs money to do business, they like anyone else just don't want to pay the money, or at least they would try to minimise any costs. Anyhow, I think I could take this lower rate (5.57% 2 years) as it looks good. You mention the term "commercial...

possibly not so much a killer if you're refinancing a large amount in the millions?

My apologies but the TV show airing this story was "Today Tonight". The show also mentioned that Arab and US banks were keenly following the progress of the Japanese banks 2012 foray into OZ. I presume the Japanese banks will hedge currency risk within their overall pricing strategy...

I'm interested in what people think about recent reports of 3 x large Japanese banks looking to get into the Oz mortgage market. Ultra conservative japanese citizens invest in deposits at their banks earning 0.1% (that is a 10th of 1 percent!) with the the banks then on lending this money at...

St. George 5.99% 2 years :)

I found out from AMP this morning that the RBA 25 point cut from December will be reflected in their variable rate structure come this Monday but could not guarantee it would necessarily have any affect on their fixed rates. :)

:o :o:o:o Project M, thx for pointing that out.....cheers Roger

Hi I've just spoken to the AMP people and they confirm the current 3 year rate is definitely 5.99% and not 5.84%; they confirmed no further .015% discount! They also said the .025% further move was still just associated with the RBA December rate cut and that this further move was relevant...

Hi Rolf, Pardon my ignorance but I've not heard of the term "Roll rate" before; are u referring to the rate you go back to at the end of the fixed rate period? Cheers