Best refinancing deals available
- Thread starter mech81
- Start date
Normally i would say the same...but given the current market and condition- i been surprised before
Regards
Michael
Thanks guys...I'll still be watching out for better deals only if I don't have to pay LMI. Just called my bank and got a 10 basis point reduction. So yay...if can't find anything..go back to the original bank.
Just for others who are looking to change - ING is giving a 100% offset loan at 6.95% with no application and ongoing annual fees however LMI is a must for LVRs>80%. This was the ammo I used to get the reduction today.
I'm happier now.
Now to wait for the next rate drop
Just for others who are looking to change - ING is giving a 100% offset loan at 6.95% with no application and ongoing annual fees however LMI is a must for LVRs>80%. This was the ammo I used to get the reduction today.
I'm happier now.
Now to wait for the next rate drop
lol...maybe I sounded convincing enough that I was actually going to change over. Just tried anyway...worst thing they could say was no... and I would remain status quo.
the man and then lady on the phone sounded like they had plenty of ppl called up previously about asking for a lower home loan rate. Then again, the rate I got wont give any of the other big 3 a run for their money. But at least my cost is reduced though admittedly just abit.
the man and then lady on the phone sounded like they had plenty of ppl called up previously about asking for a lower home loan rate. Then again, the rate I got wont give any of the other big 3 a run for their money. But at least my cost is reduced though admittedly just abit.
Thanks guys...I'll still be watching out for better deals only if I don't have to pay LMI. Just called my bank and got a 10 basis point reduction. So yay...if can't find anything..go back to the original bank.
Just for others who are looking to change - ING is giving a 100% offset loan at 6.95% with no application and ongoing annual fees however LMI is a must for LVRs>80%. This was the ammo I used to get the reduction today.
I'm happier now.
Now to wait for the next rate drop
Good on ya!!
I gave my bank a call ( NAB) in May and without ANY pushing the bank manger offered me an extra 0.2% off lol- 6.77%.
But ABL on the another hand...i had to fight right to the last breathe just to get the rate down to 6.75% ...geeezzz
You never know what's possible unless you ask.
Regards
Michael
Unfortunately it means i have a lot of loans with NAB- Large mortgage
The discount ties works based on loan amount and LVR:
once you have $600,000 or more ( total borrowing) you will get discount automatically most of the time when you ask....once it's over $1m you can ask for special rate discount loading as long as LVR is under 75%.
A perfect loan for most bank is 75% LVR, loan amount > $650,000
P.s i think i seen another forum members get a much lower rate then 6.77% ie Sash
Regards
Michael
I'm currently on bank bills with a 1% margin
wow...whos that with; if you dont mind me asking?
Regards
Michael
ANZ. But this was 4 years ago. They've just told me they're gonna whack up the margin to 3% now. *******s
