Variable Interest Rates Remain at 1.5%

 

Septembers 2018 meeting of the Reserve Bank of Australia (RBA) has announced to keep the cash rate on hold at 1.5%.

We have seen Westpac, St. George, RAMS, Bank of Melbourne, Suncorp, Adelaide Bank and Bendigo Bank announced out of cycle variable interest rate rises in the last couple of weeks.

We expect other lenders to do the same and we will keep you updated on any changes.

INTEREST RATE ANNOUNCEMENTS

No changes reported.

Current Bank Interest Rates Rate Increase 
Adelaide Bank / Bendigo Bank 0.12% Owner Occupier 0.40% Investment Loans
AMP No Change Announced
ANZ No Change Announced
Bank of Melbourne 0.14%
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 0.14%
Suncorp Bank 0.17%
Westpac 0.14%

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

To view and compare current home loan and investment loans click the link below.

If you are looking for a commercial loan or looking for a better deal please visit our commercial loans website

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