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Category: Bank of Melbourne

Banks Passing on the 0.25% Interest Rate Cut for August 2016

August 2, 2016 ANZ, Bank of Melbourne, Bank of Queensland, BankWest, Commercial Loan Interest rates, Commonwealth Bank, ING Direct, Interest Rates, NAB, RAMS, St George, Suncorp, variable interest rate, Westpac by Administrator
  UPDATE 3:15 pm: Commonwealth Bank (CBA) have only passed on 0.13% of the 0.25% rate cut. We expect other banks and lenders to follow their lead. Not long after the Commonwealth Banks decision NAB, ANZ and Westpac have all reduced variable interest rates but not by the full amount. They are making their mortgage
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Interest Rates Stable For July 2016

July 5, 2016 ANZ, Bank of Melbourne, Bank of Queensland, BankWest, Commonwealth Bank, Fixed Rates, Home Loans, ING Direct, Interest Rates, RAMS, St George, Suncorp, variable interest rate, Westpac by Administrator
Three days after the 2016 election The Reserve Bank of Australia has today announced that it has decided to keep the cash rate on hold at 1.75% . There is a very strong chance that  variable interest rates are likely to fall next month but we will have to wait and see. We expect that most lenders will leave
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Lenders Passing on the 0.25% Rate Cut for May 2016

May 3, 2016 ANZ, Bank of Melbourne, Bank of Queensland, BankWest, Commonwealth Bank, Home Loans, ING Direct, Interest Rates, Investment Loans, NAB, St George, variable interest rate, Westpac by Administrator
Soon after the Reserve Bank of Australia announced they will reduce the official cash rate from 2.00% to 1.75%, the major banks and many other lenders have decided to pass on the full interest rate cut of 0.25%. Interestingly, NAB were the first to make the announcement to reduced their variable home loan and investment loan  interest
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St George, Bank of Melbourne, Bank SA Special Offers

February 17, 2016 Bank of Melbourne, Home Loans, Special Offers, St George, variable interest rate by Administrator
  St George, Bank of Melbourne and Bank SA are offering a $1500 refinance cashback until further notice. This is available for owner occupier and residential investment refinances. – To be eligible for this cashback you must satisfy the following conditions; – Limited to one customer only. Customers with multiple applications are limited to this
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