Absolutely. Big non-believer in interest only repayments, would love to see their death.
As a mortgage underwriter in Australia, we are seeing a rise of interest only owner occupied loan applications, scraping through in terms of serviceability. LVR's ranging wildly, but not exceeding 80%. This is quite eye opening coming back to underwriting ...
Hear hear, McFlock. The conditions stated would also have a significant impact on the mental health of prison staff, long before prisoners took action.
Seems fitting to leave my first comment tonight, after 3+ years of being a quiet yet avid reader of the standard. A very big thank you to you all (OK most) for your time in sharing your perspectives, concerns & humour* - it has cemented my unexpected ...
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