Category: New Loan Products

Analysis of the latest home and investment loans offered by the major banks and other mortgage providers

ING Direct Home Loan Increase Interest Rates By 0.15%

ING Direct have announced that they will be increasing their variable interest rates on all residential home loan products for new and existing customers by 0.15% p.a. These changes will be effective from 12th December 2016. ING Direct have also increased their commercial loan interest rates for existing customers by 0.20%. For new business, their
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Property Investment Loans – New Regulations Shake Up Lending

  In the last months we have seen lenders tightening up their lending to property investors for both existing and new customers. The Australian Prudential Regulation Authority (APRA ) recently moved to tighten lending criteria for property investment loans, many lenders are forced to reduce their lending risks.  Why? The reason for the stricter lending criteria is
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