Variable Interest Rates On Hold at 1.50%

February 5, 2019 Commercial Property Loans, Home Loans, Interest Rates, Investment Loans, variable interest rate by Administrator

The Reserve Bank of Australia The RBA has decided to leave the official cash rate unchanged at 1.5% for the 27th consecutive time and I’d like to share some thoughts on why the Reserve Bank of Australia may have made this decision. The RBA continues to balance the worrying parts of the economy –
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ING Increase Interest Rates by 0.15%

January 31, 2019 Home Loans, ING Direct, Interest Rates, Investment Loans by Administrator

ING has increased its variable interest rates on residential loans for new and existing customers by 0.15% p.a. effective from 7 February 2019. Typically this type of move from a major bank will also invoke moves from the other 3 majors plus many smaller lenders. We will keep you updated of any changes. If you have any
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NAB Increases Home and Investment Loan Interest Rates

January 24, 2019 Home Loans, Interest Rates, Investment Loans, NAB, variable interest rate by Administrator

Today NAB (National Australia Bank) have decided increase their owner occupied variable interest rates by 0.12% only if they are principal and interest repayments. For owner occupied interest only and investment loans the interest rate has increased by 0.16%. Please see the table below for summary. Interest rate Owner Occupied P&I Owner Occupied IOL
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Commercial Lending Update For October 2018

October 29, 2018 Commercial Loan Interest rates, Commercial Property Loans, Current Mortgage Specials, Fixed Rates, Interest Rates, Investment Loans, Low Doc Loans, variable interest rate by Administrator

Commercial lending for the month of October has seen interest rates remain stable. Below are some of the interest rates that can be sourced depending on your lending requirements and security type. FULL DOC LENDING RATES Lender Loan Type Security Type Interest Rate Max LVR Commercial Reference Rate Variable Interest Rate from Commercial Security
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Commonwealth Bank Increase Variable Interest Rates by 0.15%

September 6, 2018 ANZ, Commonwealth Bank, Interest Rates, Investment Loans, variable interest rate by Administrator

…………………………………………………………………………..f Shortly after ANZs announcement to increase their variable interest rates the Commonwealth Bank decided to increased it interest rates for its home loans and investments loans. This change will most likely affect BankWest variable interest rates as they are a subsidiary of CBA> The 0.15% increase will be affect 4th October 2018. If you
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ANZ Increases Variable Rates By 0.16%

September 6, 2018 Home Loans, Interest Rates, Investment Loans, variable interest rate by Administrator

In a sneaky late Friday afternoon announcement to avoid media criticism, ANZ Bank have increased it interest rates for its home loans and investments loans by 0.16%. The changes will be effective 27th September 2018, however, the increase will not affect customers in drought declared regional areas.