I hope the rba is right but could be jawboning.
5.59% seems pretty cheap money to me.
5.59% seems pretty cheap money to me.
3 & 5 year fixed rates thread
- Thread starter JIT
- Start date
Suncorp just dropped their 3 year fixed rates to 5.57% (for LVR's under 80%) fingers crossed that it will have an effect on variable rates...
How do you think fixed rates will effect variable rates?
He did say fingers crossed, which usually means hoping with no factual backing behind it
what are ANZ's under break free im a newbie
Under the break free ANZ is 5.99% for 3 year fixed.
I didn't say they were linked. I have a lot of people on variable so I am hoping Variables rates follow suit.
It wasn't an attack. Just wondering what you meant.
I see NAB 3 years @ 5.99%. Is this correct? I looked it on the website.
I'm with NAB, will I get a further discount if I'm on a package or something?
I'm with NAB, will I get a further discount if I'm on a package or something?
you should get .1% discount for choice package but with st george and suncorp at 5.59 and 5.57% not really much incentive to stay. particularly st george offer $700 refinance rebate till the end of the month.
Get your broker to "package" a mortgage discharge and watch the NAB match close to anything, having you save the hassle of jumping through the hoops to another lender.
Churning a mortgage loan for rate is often avoidable if RATE is the only issue.
Obviously for credit reasons, valautions, serviceability are other logical and sensible reasons to move. If you get a better rate, then thats a bonus as well
ta
rolf
certainly a few very good 2 and 3 year offers. Particularly for investors, who dont need variable or extra repayments( if they have non deductible debt to pay down) The current offers take a good 30-40 bpts off most investors current variable rates, so that's a nice little bit of savings on the investment side that can be redeployed towards the non deductible side.
On PPOR's- if you take fixed, be sure to also take a small variable split with an offset so that you can keep up your current level of repayments into the variable portion- builds a nice safety net and helps take best advantage of things.
5.48% for 2 years fixed at loans.com.au. Combined with a variable offset at 5.9% its a good deal.
The STG rate is very well priced too. Not a very investor friendly lender though. Im sure it wont be long before Westpac gets their 2 and 3 year rates down in the mid 5's either.
On PPOR's- if you take fixed, be sure to also take a small variable split with an offset so that you can keep up your current level of repayments into the variable portion- builds a nice safety net and helps take best advantage of things.
5.48% for 2 years fixed at loans.com.au. Combined with a variable offset at 5.9% its a good deal.
The STG rate is very well priced too. Not a very investor friendly lender though. Im sure it wont be long before Westpac gets their 2 and 3 year rates down in the mid 5's either.
Yes it would be interesting to see what Westpac however I'm not holding my breath. They have been consistently more expensive than the other lenders for the past year. Hopefully they will start to change.
Why is that?
I'm on the ANZ Break Free Package and currently get 5.89% variable
