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We haven't necessarily seen the heavy discounting start yet - often comes during late May.
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Sim'
This is a general comment only and does not constitute advice. Before making financial decisions you should seek advice from a professional adviser, who can take into account your specific circumstances and investment goals.
I got my letter from Suncorp, it was only about .5% off standard. Nothing special this year, as expected.
I had a letter from Suncorp; lock in before 14 MAY and get 0.70% off the 12 Month rate
$20k-$500k 10.15% (Discount 9.45%)
$500k -$1M 9.95% (Discount 9.35%)
__________________ The above is my opinion only; Please do your due dilligence.......after all; I am still learning !
MQ Prime list 9.45% on their website now. Have their rates gone up or do you know something that I don't?
Peter
Macquarie have a reputation to jacking up costs on a whim. Then they have a reputation to send out money demands 12 months after you finish doing business with them.
Can I ask, if you are pre-paying the interest on the loan and investing in good investments, do you need to be able to prove you have the income to service the load as well?
Or is it more of a situation where, if you have $10,000 and are willing to prepay the interest they will give you $40,000.