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?
I dunno why people find it difficult to accept that property is expensive in Melbourne/ Sydney relative to disposable income and the quality of...
The question is do you have to buy further and further out and does it take longer to save for a deposit now than it took 5,10, 15, 20 years ago?...
Immigration policy changed from 1998-99 onwards, direct correlation to accelerated rate of increase in house prices.
Bass on this thread am pretty poor :(
Upto 1 km is walking distance
How much deposit would you normally need for land settling in 12-18 months time?
I've lived in Watsonia for years and never seen any flooding. Storm damage to a property can happen anywhere.
There are plenty of good streets in Watsonia away from the power lines and still within easy walking distance to the station. Just stay away from...
There's usually a 20k limit on online transfers per account so it'll still be hard to pay the 10% deposit if the house is in Sydney or Melbourne...
The buyer should just get a counter cheque. Problem solved.
Not sure what your requirements are eg block size, dev potential etc but with a budget of 700k you can check:
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