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Aussie banks are currently assessing serviceability @ 7%...8-10%...

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Seth Davis

8,354 Posts.

2728

07/10/18

11:51

Post #: 36026593
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Originally posted by nosirommit ↑

"Currently assessing property loans @ 8-10% IR within 2yrs."

I'm sure you are more qualified to make these calls, but it seems Oz and US banks disagree with you...

USA - 10 year fixed 4.625%, 30 year - 4.95%
https://www.usbank.com/home-loans/mortgage/mortgage-rates.html

Australia
CBA 5 year fixed - 4.39%

No sign of 10% here....

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Aussie banks are currently assessing serviceability @ 7%...8-10% is not far flung.
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