Search results

Yesterday , i didn't realise that bank west was in a fairly unique position of getting a high proportion of their loans at 95 , so their action represented a rebalancing of their overall portfolio and probably won't be followed by other banks . Cliff

There may be some pain for OTP buyers who were planing on 90% LVR's , and if we have a few defaults that may cause some buying ops in those areas . At the moment I'm glad we decided to downsize last year. Cliff

Couple of interestingly comments Redom I hadn't really though about the inability to get I/O extensions . For some that could be a major factor . In terms of your rule of thumb borrowing capacity . That's also something I hadn't heard of before . How would existing equity impact the...

The question I'd ask of the brokers is what percentage of their clients will be affected . As noted , probably tend to have more aggressive investors here . How many investors take things to the maximum limit possible . I'd clients feel that their serviceability is better than the banks...

That's what I'm hoping . Cliff

Historically , once Sydney slows or gets unaffordable , other places start moving more . Cliff

I was thinking through the potential impacts on the limiting of the ability to buy multiple properties . Firstly , there is only a small proportion of investors who buy multiple properties , however my assumption is that somersoft has a much higher percentage of these investors than normal ...