Don’t Interest only loans have a 5year limit? How do you hold on for 10years if that’s the case?
With Westpac reducing 2 year fixed P & I home loans to 1.79% today, is the time right to lock in a proportion of our home loan?
Do you see APRA relaxing their strict borrowing criteria from 2019? We are having trouble with getting interest only loans, especially with the Big Four.