Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Hi Kylie
I have just received an Email on-forwarded from the State Manager regarding the "shelf life" of the 4.99% loan offer which in part reads :-
"We assume this offer is likely to have a max shelf life of days, not multiple weeks. I encourage HFM's and BDM's to have this preliminary conversation with customers (both new applicants and those they have just put into the pipeline) on rate locking. Based on current margins, once the offer is withdrawn the 3 year interest rate is likely to come in around the 5.69-5.99% mark based on current yield curve - well above the cost of a 15bp lock in."
Does this 0.15% 'lock-in fee' only apply to new applicants?Might be a ploy to push the 0.15% Lock in fee or an indication that it will disappear early next week.
Mind you, I've bought nothing in the last 4 years - but the cost of HOLDING has been quite a learning curve for me.Same with me I was only interested in how much we could borrow until now but with our financial position shot to pieces after enduring the last year these interest rates have become absolutely imperative to our survival and if we can just survive another month or two we will actually have spare money in our pockets again.
Still advertised in todays paper (14/12), so that rate is still available. Don't know how long for though.Just heard from our BDM that the Fixed rate may only be available this week for applications lodged before midnight 12/12/08.