- god_of_moneyParticipant@god_of_moneyJoin Date: 2008Post Count: 970
What's wrong with the exit fee… it is the borrower FAULT… who is crazy fixing it at 8 or 9%?
What happened if you opened the term deposit last year with interest 8.5% and the bank(s)
decided to lower it to 3%… I am sure that the customer will challenge it on the Supreme Court…
Don't speak non sense
BTW, CBA just increased the fixed rates by up to .44%… time to fix homeloan???fishngymMember@fishngymJoin Date: 2008Post Count: 49
Just wondering what CBA fixed interest changes have occurred?
There is no indication on the CBA website that home loan fixed rates have increased. Are you making reference to term deposits interest rates?god_of_moneyParticipant@god_of_moneyJoin Date: 2008Post Count: 970
I got the news from the financia market this pm.. but smh has published 6 pm EST
CheersfishngymMember@fishngymJoin Date: 2008Post Count: 49
We were hoping to fix some loans at what we thought was the bottom of the cycle.
Clearly the CBA is making this harder than first thought.TerrywParticipant@terrywJoin Date: 2001Post Count: 16,213PosEnterprises wrote:
Terry am waiting to get out when it expires otherwise up for about $13k in exit fees and the rest. Is there a problem getting finance from other lenders if it was originally Lo Doc finance.
Hi Pos, yes there are big problems for those wishing to refinance an existing low doc. Richard mentioned the 2 main hurdles.
It would be ashame if you were waiting all this time and are unable to get out of rams!