Westpac rate changes

Discussion in 'Loans & Mortgage Brokers' started by housechopper2, 5th Sep, 2017.

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  1. housechopper2

    housechopper2 Well-Known Member

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    Melbourne
    does anyone know the latest changes to Westpac rates for new borrowers announced today?
     
    housechopper2, 5th Sep, 2017
    #1
  2. Simon Moore

    Simon Moore Residential & Commercial Mortgage Broker Business Member

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    Level 2 287 Collins St Melbourne VIC 3000
    There were some announced on the 30th. Haven't seen anything since then.
     
    Simon Moore, 5th Sep, 2017
    #2
  3. housechopper2

    housechopper2 Well-Known Member

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    Thanks - think I was mistaken
     
    housechopper2, 5th Sep, 2017
    #3
  4. Hamish Blair

    Hamish Blair Well-Known Member

    Joined:
    29th Sep, 2015
    Posts:
    489
    Location:
    Melbourne
    Was offered by Westpac today:

    Just emailing to keep in touch and let your know about our latest offerings:


    Home Loan 3.79% on P&I repayment.

    $1200 standard cash rebate

    $1000 bonus cash rebate
     
    Hamish Blair, 8th Sep, 2017
    #4
  5. Archaon

    Archaon Well-Known Member

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    @euro73 , this would've been nice huh? haha
     
    Archaon, 8th Sep, 2017
    #5
  6. Dean Collins

    Dean Collins Well-Known Member

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    New York

    PPOR only right?

    Eg not for investors.....
     
    Dean Collins, 8th Sep, 2017
    #6
  7. Archaon

    Archaon Well-Known Member

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    Newcastle
    Unless you live in your investment properties prior to renting them out to maximise your options in regards to choosing which residence you wish to use as your main to maximise CGT effectiveness.
     
    Last edited: 8th Sep, 2017
    Archaon, 8th Sep, 2017
    #7
  8. Dean Collins

    Dean Collins Well-Known Member

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    Location:
    New York
    Lol I'm wondering how long APRA is going to continue putting up with this sham.

    I should be as soon as you move out of your PPOR the banks have to move it into IP classification but people continue to do this and banks happily turn a blind eye to it.
     
    Dean Collins, 8th Sep, 2017
    #8
  9. Archaon

    Archaon Well-Known Member

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    Newcastle
    Maybe you're a property hoarder than can't stand to live in a house for more than a year.
     
    Archaon, 8th Sep, 2017
    #9
    Dean Collins likes this.
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