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1% Difference

Discussion in 'Finance & Banking' started by DaveA, 7th Jan, 2008.

  1. DaveA

    DaveA Well-Known Member

    19th Feb, 2007
    Sydney, NSW
    Well it seems the stars have become more aligned (or something like that)...

    Having a look today and the difference between Margin Loan Rates and Home Loan rates is 1%. CBA has 9.65% for 5 year MLs and 8.59% for 5 year houses. Everyone else seems to be of similar pricing.

    What does this mean, i have absolutly no idea. However in mid november i got a 5 year fixed rate at 7.64% for home loan and it was about 9.1% for MLs. It just seems the arguement about MLs being more expensive when considering buying property just isnt there anymore. However leverage always remains.