Suncorp, Adelaide Bank and Bendigo Increase Interest Rates

Sep 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 0.10%

Both Adelaide Bank and Bendigo Bank will be increasing their owner occupier loans by 0.12% and investment loans by 0.40%.

If you have a home loan with any of these lenders it may be time to compare your loan with other lenders as there are many good deals on at the moment.

If you have any questions about these announcements 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.