Thanks! Damn fees!!$595 app and $20pm, or waive the pm for a $240pa.
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Thanks! Damn fees!!$595 app and $20pm, or waive the pm for a $240pa.
Is there any other fees?
Whoops...just read back few pages, and looks like the fixed rate is really on the way up!
Does anyone know if a re-approval is needed for fixing rate with Suncorp, St George and ANZ? Also, what's the best fixed rate you could get from them (with package)? Thanks!
i have had no issues in getting my rates fixed with anz at all.. (but was not changing to a IO loan) when i had my ppor which is now IP i split my loan into 3, one part var, 2 parts fixed at 1 yr and 2 yrs at the time back in 09. when my loans came off fixed rate i just went back into the bank and they made them fixed from that day again. Was really easy actually. hoping the fixed rates for anz do come down again cause one of my fixed terms is up at the end of june.
added my 2nd IP loan to break free package and got .95% off the var rate too, which for anz was a short time deal they offered back in jan/feb... but score on that one!.
Thanks Rolf & Rowena for the info on anz. I'd leave that one for now then, we only have one small one with them atm, may not worth the hassle for now. Will give StG a call tomorrow and see if we an get to the 5.99% wagon.
Anyone has info on best fixed rate for suncorp? We're on var -1.03% now, wonder if it worth fixing? Ta.
5.98 but I believe its mainly for "new" money so you might need to do a bit of work
Is it worth fixing............hose ur crystal ball, and how long is a piece of string
t
rolf
I'd never go for 3 years fixed as things can change so quickly. Apart from the 50 points decrease today, there is talk of at 2 more decreases before the end of the year. Variables may be less than 5.95% by then.I have just completed a 3 years fixed rate at 5.95% with Suncorp. IO with package fee.
cheers
but how long will they stay below the sub 6% mark you could potentially get?
I always say you can't beat the banks at their own game. They do this for a living and they have people who dedicate 100% of their time to studying the yield curves and forecasting/modelling. One or two might get lucky and fix at that absolute lowest point in the cycle but for everyone else, I don't think so.
...
...No guru here! Peter 14.7
I'd never go for 3 years fixed as things can change so quickly. Apart from the 50 points decrease today, there is talk of at 2 more decreases before the end of the year. Variables may be less than 5.95% by then.
This is poorly thought out.
If the 3yr rate gives you a saving or you think rates will move up then it is not a poor strategy to fix for that long, hell I would fix for 10 years at 6% if I could, who cares if the rates go to 5%, so I would be paying a little bit more than I could have been, but I have certainty.