Suncorp, Adelaide Bank and Bendigo Increase Interest Rates

September 4, 2018 Home Loans, Suncorp, variable interest rate, Westpac by Administrator

Following Westpac’s decision to increase interest rates by 0.14%, Suncorp, Adelaide Bank and Bendigo Bank increase their variable home loan rates. This is Suncorp’s second rate rise in the last 6 months and they will be increasing their interest rates by 0.17% from September 14th. They will also be increasing their business lending rates by
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Westpac, St, George, Bank of Melbourne RAMS Increase Interest Rates by 0.14%

August 30, 2018 Bank of Melbourne, Home Loans, Interest Rates, Investment Loans, RAMS, St George, variable interest rate, Westpac by Administrator

Westpac along with is subsidiaries St George Bank, Bank of Melbourne, Bank SA and RAMS home loans increased interest rates by 0.14% The bank said that it will increase the interest rate for its variable rate home and investment loans from September 19th. Westpac claimed increased cost in wholesale lending costs. I expect other banks
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Residential Loan Update June 2018

June 13, 2018 ANZ, Bank of Melbourne, Bank of Queensland, BankWest, Home Loans, ING Direct, Interest Rates, Investment Loans, RAMS, St George, Suncorp, variable interest rate, Westpac by Administrator

The month of June saw Reserve Bank of Australia (RBA) keep the cash rate on hold at 1.5%. We have noticed that the bank and other lenders have established their interest rate offerings with some banks offering variable rates as low as 3.59% and fixed rates as low as 3.58% However, banks and other lenders are continually
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Commercial Loan Update June 2018

June 13, 2018 Commercial Loan Interest rates, Commercial Property Loans by Administrator

We have seen commercial loan lending for commercial property has seen interest rates remain stable for the last couple of months. We have listed just some of the interests rates available from the banks and other lenders. These interest rates are conditional upon the type of commercial property and strength of application. For more information
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No Surprise. Interest Rates On Hold April 2018

April 3, 2018 ANZ, Bank of Melbourne, Bank of Queensland, BankWest, Commonwealth Bank, Home Loans, ING Direct, Interest Rates, Investment Loans, NAB, RAMS, St George, Suncorp, variable interest rate, Westpac by Administrator

April 2018 meeting of the Reserve Bank of Australia (RBA) has announced to keep the cash rate on hold at 1.5%. Banks and other lenders are continually reviewing their variable and fixed interest rates for both home loans, investment loans and commercial finance. We will keep you updated on any changes that may occur in the next
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Christmas Interest Rates Remain On Hold at 1.5%

December 5, 2017 ANZ, Bank of Melbourne, Bank of Queensland, BankWest, Commercial Loan Interest rates, Commercial Property Loans, Commonwealth Bank, Home Loans, ING Direct, Interest Rates, Investment Loans, Low Doc Loans, NAB, St George, Suncorp, variable interest rate, Westpac by Administrator

Decembers meeting of the Reserve Bank of Australia (RBA) has announced to keep the cash rate on hold at 1.5%. We will have to wait until February 2018 until we receive another rate decision. While the economists keep changing their mind on the economic future of the country, one this is for certain is that banks are
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