I recently changed PPOR loan to P&I to save the .25% of interest, I have over half of the loan in an offset. My monthly repayment went from $1200...
Some great discussion on the forums since the APRA reforms (e.g. @Eric Wu ("What happens when the Interest Only period expires on your investment...
Every day at the moment there is bad news on the property investment lending front. Seems like everyone is trying to squeeze us humble property...
Investors with existing portfolio appreciate the importance of Interest Only (IO) loan on their portfolio. These IO loans not only reduce holding...
While we have some numpties in parliament bringing lumps of coal and embarrassments like Malcolm Roberts in play, it appears the regulator that's...
So , seeing many here are at the coal face so to speak, it would seem that the way Syd and Mel are going and the amount of investor loans, we may...
This is probably a question for the brokers. Lets say John Smith has a portfolio accumulated pre-APRA. All loans are interest-only for now. He...
Nocookies
I just got a stack of letters from Westpac advising that all of my Rocket investment loans now have a new Reference rate, specifically the "rocket...
Is the dog back on its leash??... that's a joke. We saw max loan amounts fall, changes to LVRs that the banks were willing to wear, changes to...
I recently spoke with my bank (CBA) about commercial property lending (just prior to finding IP2 which is now awaiting settlement) and was...
ABS reports on property for Jan 16: Housing finance: 5609.0 - Housing Finance, Australia, Jan 2016 Building approvals:8731.0 - Building...
Hey all, NOTE: This is a remake/update of a previous post originally posted on SS with a few new scenarios/edits. Brokers are often asked...
ANZ`s credit department has been keeping me up at night stressing, with its sensitivity rate @ 7.75% and even up to 8% with my loans from the...
In this scenario imagine the following three things are true: 1) You have a property that isn't going to grow, but you're pretty confident it's...
Caught this article from Andrew Wilson this morning. I've included the charts too. Thoughts? Tasmania was a surprise (QLD, obviously not,...
So we all know that APRA has 'tightened the screws' recently and has had an effect on most of us getting finance in the same way as we were before...
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