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  • Member For: 13y 11m 26d
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  On 22/10/2015 at 8:48 AM, SuckSqueezeBangBlow said:

damn Tapatalk double posting. thanks for looking fellas

https://www.youtube.com/watch?app=desktop&persist_app=1&v=ZD3y43cyddI

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  • Moar Powar Babeh
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  • Member For: 19y 6m 28d
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Wont happen. They are bumping the rate to cover shortfall due to the changes APRA have made to lending Reg for non residential mortgages (investment/development properties etc) It's made it harder for the banks to lend against these so they have pushed the rates up to cover the shortfall.

two ways to look at it

1.Banks are Greedy Cvnts (with they probably are)

2.I might cost you a little in the short term but it should stop the Australia rendition of Lehman Bros or Fannie Mae

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  • WOT?
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Wonder if the non-bank lenders have the same excuse the banks have (need to keep a larger reserve??) and, if they don't, how they will justify any increase

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