There is a reason why NAB increased their fixed rates... and it's not because Rates are going down next year.
If the RBA starts taking the property price falls seriously maybe even some on PC will start noticing them too! :)
So NAB is the outlier here? I guess their 30bps increase doesn't affect you
Agreed, massive overreaction and just symptomatic of this part of the cycle... The general population have always disliked bankers but...
Yep much much patchier
The divergence continues.... Sydney biggest fall of the year in November while Melbourne grows by 1.9% Falls in Sydney home prices accelerate
Property investors with National Australia Bank fixed-rate mortgages will be slugged with a new round of interest rate rises. Principal and...
At the top of a boom it's all about finding the greater fool Leo.... I find fools tend to have excessive self confidence :)
Hmm not sure if I agree with your suggestion around context and any dodgy behaviour contributing to price growth - more that it will slow prices...
A MOTSA personal guarantee! Happy days in Sydney then!
Not exactly. This is largely in response to 'gross misconduct' at banks not being corrected or remedied. Where has some of the gross misconduct...
At this rate that's how long you will be waiting before we see price rises in Sydney again.
Rather than get your knickers in a knot old chap.. perhaps think if there might be an alternative... After I saw some of your comments I thought...
Yep royal commission won't leave stone unturned and more pressure on banks
Yep.. CFD for example
November price data comes out tomorrow with -1% for the month expected which will put Sydney on track for 7-10% price decline YoY
I've been in market for ages but sounds like you are waiting for right time to buy yours Simon.. My only advise is to wait till next year and...
And we thought APRA pressure was bad enough... here comes the Liberal govt... Turnbull announces royal commission into banking sector
Pressure on prices to drop is coming from the highest levels of govt too.. Turnbull announces royal commission into banking sector
Yep although it's hard to imagine here on a property website... many ppl think and care about the societal impact of having most expensive housing...
Separate names with a comma.
