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Category: variable interest rate

June Commercial Loan Interest Rate Update

June 15, 2017 Commercial Loan Interest rates, Commercial Property Loans, Fixed Rates, Interest Rates, Investment Loans, Low Doc Loans, variable interest rate by Administrator
… Over the last month we have seen commercial loan interest rates remain stable or fall by up to 30 basis points for some products. Full doc variable commercial property loans have decreased by 24 points while 2 and 3 year rates have also fallen by up to 30 points for one lender. Other interest
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RBA Leaves Interest Rates at 1.50%

May 2, 2017 ANZ, Bank of Melbourne, Bank of Queensland, BankWest, Commonwealth Bank, ING Direct, Interest Rates, Investment Loans, NAB, St George, Suncorp, variable interest rate, Westpac by Administrator
Today’s 2nd May meeting of the Reserve Bank of Australia (RBA) has announced to keep the cash rate on hold at 1.5%. It seems interest rates are likely to remain stable for a little while yet. We expect variable rates to increase for interest only loans and property investment loans through out the year as APRA
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Banks and Lenders Increasing Variable Interest Rates

March 28, 2017 Bank of Melbourne, Commercial Property Loans, Home Loans, Interest Rates, Investment Loans, St George, variable interest rate by Administrator
Following the big banks, many other lenders will start to increase their variable rate loans. We will keep you up to date on these changes.   Bank of Melbourne Variable Home Loan rates Effective Monday 8 May 2017 Bank of Melbourne will beincreasing the below variable rates. Owner Occupier Principal & Interest Home Loan variable
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ANZ and Commonwealth Bank Follow NAB and Westpac

March 26, 2017 ANZ, Commercial Loan Interest rates, Commercial Property Loans, Home Loans, Interest Rates, Investment Loans, NAB, variable interest rate, Westpac by Administrator
Both ANZ Bank and Commonwealth Bank have followed NAB and Westpac to increase their variable rate loans. They cite regulatory pressure and funding costs to be the main reason for these interest rate increases ANZ have made the following changes effective 31st March 2017; Owner occupies who pay principle and interest on their home loans
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Westpac Bank Follow NAB and Increase Variable Interest Rates

March 17, 2017 Home Loans, Interest Rates, Investment Loans, NAB, variable interest rate, Westpac by Administrator
Similar to NAB, Westac have announced today that they will increase its variable interest rates for its home and investor loans effective from Friday 24th March. Variable interest rates for owner occupier home loans will increase by 0.03%. Variable interest rates for interest only home loans and business rate loans will increase by 0.08%. Interest rates for residential investment
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