Share your Best Interest Rate for IP/IPs

Discussion in 'Loans & Mortgage Brokers' started by MTR, 1st Dec, 2016.

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  1. MTR

    MTR Well-Known Member

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    ... mates rates, still worth a shot:)
     
    MTR, 2nd Dec, 2016
    #21
  2. Loverenting

    Loverenting Well-Known Member

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    WBC 3.89% two years fixed and 3.99% five years fixed.
     
    Loverenting, 2nd Dec, 2016
    #22
    Dean Collins likes this.
  3. Lacrim

    Lacrim Well-Known Member

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    I guess I have no chance to get a similar rate given I'm an outsider?
     
    Lacrim, 2nd Dec, 2016
    #23
  4. pwt

    pwt Well-Known Member

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    3.99% variable CBA
     
    pwt, 2nd Dec, 2016
    #24
  5. Elives

    Elives Well-Known Member

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    ip or ppor?
     
    Elives, 2nd Dec, 2016
    #25
  6. GetRIDof5CENTpiece

    GetRIDof5CENTpiece Well-Known Member

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    CBA 3.98% variable for PPOR
    CBA 3.98% variable for IP (just the one at the moment)
    Wealth Package !!
     
    GetRIDof5CENTpiece, 2nd Dec, 2016
    #26
  7. Tattler

    Tattler Well-Known Member

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    Westpac: 5 year fixed 3.99% IP IO.
    CBA: 3 year fixed 3.99% IP IO, 3 year fixed 3.84% Owner Occupied IO, 3.77% Variable Owner Occupied.

    I have just fixed Westpac last Friday and fixed CBA on Tuesday.
     
    Tattler, 2nd Dec, 2016
    #27
    Dean Collins likes this.
  8. L3ha7

    L3ha7 Well-Known Member

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    Wealth package CBA :OO/Fixed (3years):3.74%
    CBA:OO/Variable :3.82%
    CBA :IP's:3.99%
     
    L3ha7, 3rd Dec, 2016
    #28
  9. MyPropertyPro

    MyPropertyPro REBAA Buyer's Agents Sutherland Shire & Surrounds Business Member

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    3.62% fixed for 30 years...

    ...on my US properties :D and that was high at the time!
     
    MyPropertyPro, 3rd Dec, 2016
    #29
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  10. New Town

    New Town Well-Known Member

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    Are you all talking comparison rates?
     
    New Town, 3rd Dec, 2016
    #30
  11. Elives

    Elives Well-Known Member

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    no
     
    Elives, 3rd Dec, 2016
    #31
  12. New Town

    New Town Well-Known Member

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    Would it be more accurate to either use comparison rate or mention up front and ongoing fees?
     
    New Town, 3rd Dec, 2016
    #32
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  13. Cactus

    Cactus Well-Known Member

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    Agree. I had same thought reading this. It's all great throwing out headline rates, but there are so many reasons they can be different. As a start it would make more sense saying Rate, annual and monthly fees, amount borrowed at least a bracket like <250k, 250-500k, >500k...
     
    Cactus, 3rd Dec, 2016
    #33
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  14. Elives

    Elives Well-Known Member

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    I agree with you and what Cactus says and mention up front fees and what not but comparing "comparison rates" to me is useless.
     
    Elives, 3rd Dec, 2016
    #34
  15. Greyghost

    Greyghost Well-Known Member

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    Forgot anything other than comparison rates. Lenders are made to disclose them for a reason, because of the smoke and mirrors around fees, charges etc etc.
     
    Greyghost, 3rd Dec, 2016
    #35
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  16. Greyghost

    Greyghost Well-Known Member

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    Rate is 2.5%. Comparison rate 5%..

    Same as saying my business turns over 100m, but net profit is $15k.

    If quoting your rate on this thread, I suggest only quoting the comparison rate...............
     
    Greyghost, 3rd Dec, 2016
    #36
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  17. pwt

    pwt Well-Known Member

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    3.99% WBC for IP, 3.77% PPOR
     
    pwt, 3rd Dec, 2016
    #37
  18. Elives

    Elives Well-Known Member

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    thats heaps good for wbc, your first comment said cba though? :s
     
    Elives, 3rd Dec, 2016
    #38
  19. MTR

    MTR Well-Known Member

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    nice so you must be US citizen for these rates?
     
    MTR, 3rd Dec, 2016
    #39
  20. pwt

    pwt Well-Known Member

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    Sorry, I meant CBA. I used to be with WBC, among others. Getting confused. :confused:
     
    pwt, 3rd Dec, 2016
    #40
    Elives likes this.
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