Macquarie's turn

Discussion in 'Loans & Mortgage Brokers' started by euro73, 22nd Mar, 2017.

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  1. euro73

    euro73 Well-Known Member Business Member

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    UP go the rates

    Screen Shot 2017-03-22 at 2.09.59 pm.png


    DOWN go the LVR's for LOC and I/O lending

    Screen Shot 2017-03-22 at 2.10.08 pm.png
     
    euro73, 22nd Mar, 2017
    #1
    DaveyB likes this.
  2. CK_Invest

    CK_Invest Well-Known Member

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    So in summary it's just NAB, WBC and Macquarie that's recently hiked ~25bps for I/O investor loans so far?
     
    CK_Invest, 22nd Mar, 2017
    #2
  3. Corey Batt

    Corey Batt Well-Known Member

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    And the rest trailing shortly behind them.
     
    Corey Batt, 22nd Mar, 2017
    #3
  4. PandS

    PandS Well-Known Member

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    If you are a bank rate will rise soonish, Basel 4 is coming combine with long term treasury bond is moving up
     
    PandS, 22nd Mar, 2017
    #4
  5. CK_Invest

    CK_Invest Well-Known Member

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    agree just for your info, the UST 10y is back down to 2.4% (after reaching 2.6% last week when we saw the rate rises by NAB/WBC/Macquarie) which is the same level as post trump being elected

    so will be interesting to see how this plays out (might be a short term thing due to trump & healthcare bill right now in the US)
     
    CK_Invest, 23rd Mar, 2017
    #5
  6. PandS

    PandS Well-Known Member

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    It not so much of weekly or monthly volatility of the rate but the trend of the rate
    banks has to factor in future risks and future funding requirement so if the trend is up
    then they factor in the upside and the consensus right now is the trend will be an up cycle
     
    PandS, 24th Mar, 2017
    #6