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Hot off the press...

  • Writer: Chaluka Jayawardena
    Chaluka Jayawardena
  • Jun 9, 2019
  • 1 min read

ING

From 25 June 2019, ING will be reducing our variable residential home loan interest rates by 0.25% p.a. for new and existing customers.


ME

From Thursday 27 June 2019 ME will reduce all variable home loan rates by 0.25% p.a. for new customers.

A 25 basis point cut for existing variable rate home loan customers will also be effective 27 June 2019.

Bank of Melbourne

Bank of Melbourne has announced a range of mortgage interest rate cuts for variable home loan customers, including a reduction of 0.20% per annum (p.a.) for owner occupier customers and a reduction of 0.20% p.a. for investor customers with principal & interest repayments.

These changes will come into effect on Tuesday 18 June 2019 for all new and existing home loan variable rate products.


ANZ

Reduce variable interest rates for Australian home, residential investment loans and line of credit loans by 0.18% p.a. Effective 14th June 2019.


NAB

Cut all variable home loan interest rates by 0.25% p.a., effective Friday 14 June 2019.


Westpac

Westpac has announced a range of mortgage interest rate cuts for variable home loan customers, including a reduction of 0.20% per annum (p.a) for owner occupier customers and a reduction of 0.35% p.a for investor customers with interest only payments (excludes Equity Access Loans).

These will be effective Tuesday 18 June 2019

I shall be back...

 
 
 

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Disclaimer: Original content source: Pepper Money. It is designed for publication through Accredited Brokers, to provide you with factual information only, and it is not intended to imply any recommendation about any financial product(s) or to constitute tax advice. If you need financial or tax advice you should consult a licensed financial or tax adviser. The information in the article is believed to be reliable at the time of distribution, but neither Pepper nor its accredited brokers warrant its completeness or accuracy. For information about whether a loan may be suitable for you, call us on 0413227019.

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