Time to fix PPOR loan?

Discussion in 'Loans & Mortgage Brokers' started by spludgey, 30th Oct, 2019.

Join Australia's most dynamic and respected property investment community
  1. No_Limits

    No_Limits Well-Known Member

    Joined:
    10th Jan, 2021
    Posts:
    401
    Location:
    Sydney
    Looking at those bond yields and wondering if it is time to fix (IO investor 2 yr fixed 2.68%). Fix is 50bp below variable rate.
     
  2. mikey7

    mikey7 Well-Known Member

    Joined:
    30th Mar, 2016
    Posts:
    1,173
    Location:
    Sydney, Brisbane
    Just signed to Westpac at 2.59 IO INV fixed.
     
    No_Limits likes this.
  3. Property Baron

    Property Baron Well-Known Member

    Joined:
    5th May, 2019
    Posts:
    1,448
    Location:
    NSW
    Did you deal with Westpac direct or through a broker to get this?
     
  4. mikey7

    mikey7 Well-Known Member

    Joined:
    30th Mar, 2016
    Posts:
    1,173
    Location:
    Sydney, Brisbane
    Broker. And WBC just lowered the rates further, so trying to get onto it before its settled.
     

Property Investors! Ready to Pay Less Tax? Estimate how much Property Depreciation you can claim on your Investment Property. Washington Brown's calculator is the first calculator to draw on real properties to determine an accurate estimate.