Residential Loan Update June 2018

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 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 month.

INTEREST RATE ANNOUNCEMENTS

No changes reported.

Current Bank Interest Rates Rate Cut and Date
Adelaide Bank / Bendigo Bank No Change Announced
AMP No Change Announced
ANZ No Change Announced
Bank of Melbourne No Change Announced
Bank of Queensland No Change Announced
BankWest No Change Announced
Citibank No Change Announced
Commonwealth Bank No Change Announced
ING Direct Bank No Change Announced
ME Bank No Change Announced
Heritage Bank No Change Announced
NAB No Change Announced
St George Bank No Change Announced
Suncorp Bank No Change Announced
Westpac No Change Announced

If you have any questions about the announcement or interest rates, please feel free to contact us.

For more information regarding residential home loans, investment and commercial finance please visit Smart Search Finance.

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