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Starting to see some movement in LMI policy, i.e. the LVR on no genuine savings has moved up from 90% to 95% and LMI premium reductions including discounts of 15% for FHOG recipients.
I suspect this may be a reaction to the recent introduction of a 3rd mortgage insurer in the market place, competition is a good thing. Cheers
Regards
Steven
Mortgage BrokerMobile Mortgage Market
Ph: 0402 483 216
[email protected]
http://www.mobilemortgagemarket.com.auPLEASE note comments made should not be taken as specific taxation, financial, legal or investment advice.
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