Commercial Lending Update For October 2018

October 29, 2018 Commercial Loan Interest rates, Commercial Property Loans, Current Mortgage Specials, Fixed Rates, Interest Rates, Investment Loans, Low Doc Loans, variable interest rate by Administrator

Commercial lending for the month of October has seen interest rates remain stable. Below are some of the interest rates that can be sourced depending on your lending requirements and security type. FULL DOC LENDING RATES Lender Loan Type Security Type Interest Rate Max LVR Commercial Reference Rate Variable Interest Rate from Commercial Security
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Commonwealth Bank Increase Variable Interest Rates by 0.15%

September 6, 2018 ANZ, Commonwealth Bank, Interest Rates, Investment Loans, variable interest rate by Administrator

…………………………………………………………………………..f Shortly after ANZs announcement to increase their variable interest rates the Commonwealth Bank decided to increased it interest rates for its home loans and investments loans. This change will most likely affect BankWest variable interest rates as they are a subsidiary of CBA> The 0.15% increase will be affect 4th October 2018. If you
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ANZ Increases Variable Rates By 0.16%

September 6, 2018 Home Loans, Interest Rates, Investment Loans, variable interest rate by Administrator

In a sneaky late Friday afternoon announcement to avoid media criticism, ANZ Bank have increased it interest rates for its home loans and investments loans by 0.16%. The changes will be effective 27th September 2018, however, the increase will not affect customers in drought declared regional areas.

Reserve Bank Keeps Interest Rates On Hold at 1.50%

September 4, 2018 ANZ, Bank of Melbourne, Bank of Queensland, BankWest, Commercial Loan Interest rates, Home Loans, ING Direct, Interest Rates, RAMS, St George, Suncorp, variable interest rate, Westpac by Administrator

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
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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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Category: variable interest rate