Does anyone know how a deferral for an IO investment Loan with CBA on a fixed rate work?
Break costs rebate would be terrific!
Any updates from your mobile lender
Is ANZ funding the broker rebate or the broker?
Wanted to know my break costs as I just fixed in Feb. It would take me 17 months to break even so left it as is, next step is too see if I can...
I was on hold for 3 hours 24 minutes with CBA last Friday! They need to hire some people too.
That’s for PPOR P& I only.
Stuck with them as moving will trigger LMI due to high LVR.
The other big 3 have dropped their fixed rates since the second rate cut , I was expecting CBA to come in line with the rest of the gang.
CBA updated their interest rate pdf report but still no change to the fixed rates :(
Any indication whether CBA will drop their IO fixed rates as well?
My IO with CBA expired and they slugging me with 5.54%. :(. Interested to find what others are paying on IO variable with CBA @ 90% LVR.
Ty Corey for the explanation, albeit grim.
Are the servicing restrictions APRA imposed?
My understanding is that the servicing changes are to bring the interest only loan portions below the 30% limit imposed by APRA, The servicing...
Aren't the Banks still allowed to lend 30% interest only loans? once they fix the weighting to IO loans wouldn't they lend again?
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