Posts Tagged ‘Fixed rates’
Investors with Interest Only loans – Fixing your loans may save you some $$$
We are seeing a gap forming between variable and fixed rates in relation to investment interest only loans. This gap has been 0.3%-0.5% at some lenders, depending on the bank, the fixed rate term and other factors. Based on a $500k loan, fixing your rate could save an investor up to $2,500pa. The savings could be…
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