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Dochico

2,657 Posts.

51

03/07/24

11:40

Post #: 74585065
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Originally posted by bastjose: ↑

Just received a notice from my bank saying that my new rate will be 8.13%as of 18 July. Owner occupied.

Interested what others are paying.

Oh My bank of 33 years one of the big 4.

Seems a bit high what.

Can't change banks due to age and income. I have shopped around.

What do others think.

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That's terrible. I'm just switched to 6.6, but at first they were offering me 7.4.

The problem was they had used a valuation from 20 years ago which made the LVR stupid high.

You might want to find out what they're valuing your place at?
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