As an aside( in order to help fellow property investors) what margin rates do we suffer from our friendly bank, OCR + margin =interest rate.
For me my fixed 5 yr term Feb 04 is 8.3%
My floating rate OCR + bank liquidity margin (usually about.20%) + borrower margin 1.5% currently totalled = 8.55% for under 1/2 mil, over 1/2mil its .10% less.