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DK It has nothing to do with negative equity...just that for protection fix when the rates are low. I personally feel there is 1-2 more cuts so fixed rates may fall further. In this scenario...so as rates don't drop more than 1-2 times...your rates will be lower than the banks costs...so...

Watch Brissie...when it takes off..time to get out in Sydney... Already heaps of Melbourne/ Sydney people in the Inner Brisbane market.

If you can ...keep cash across a couple of different Offsets. As for LOC...yes they can cancel this as they are secured against property....Offsets are essentially transaction accounts so a bit more difficult to take away. In any case spread risk via keep Offsets via a couple of different...

Couple of things you can do: 1. Revalue you properties now and get it to 80% LVR or less. Any spare cash keep it in a offset. 2. Observer interest rates...some banks are offering 1-3 year fixed rates at 4.38%. Fix before they rise....when rates do go up..it is unlikely the bank will charge...

Yep...Mosman has so many off market sales during the GFCs. Lot of Macbank types got laid off.... Can see another cycle like this coming...I feel this time around places like the Northern Beaches, the Shire will be less affected.

Have you seen what happened in 2006 in Kellyville when rates and unemployment rose to about 8.5%?? Have you stress tested this? I feel the other capitals are quite safe but Sydney...going to face grief apart from some select pockets of Melbourne....Perth and Melbourne have self cooled...

Whilst people are slapping each other on the back...it might be a good idea to see what happens when the market turns...will be particularly useful for newbies who have not seen a bust! I was telling people at a Seminar run by a spruiker to avoid mining towns as it will inevitably come to a...