Variable Interest Rates On Hold For March

March 7, 2017 ANZ, Bank of Melbourne, BankWest, Commercial Property Loans, Fixed Rates, Home Loans, ING Direct, Interest Rates, NAB, RAMS, St George, Suncorp, variable interest rate, Westpac by Administrator

……….. Today’s March 7th meeting of the Reserve Bank of Australia (RBA) has announced to keep the cash rate on hold at 1.5%. We expect this to remain stable for the remainder of the year. In the last months we have seen a number of lenders increasing some of their variable rate products. We have seen increases in
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February Variable Interest Rates Remain at 1.50%

February 7, 2017 ANZ, Bank of Melbourne, Bank of Queensland, BankWest, Commercial Loan Interest rates, Commercial Property Loans, Home Loans, ING Direct, Interest Rates, NAB, RAMS, St George, Suncorp, variable interest rate, Westpac by Administrator

……….. Today’s February 6th meeting of the Reserve Bank of Australia (RBA) has announced to keep the cash rate on hold at 1.5%. We expect this to remain stable for the next few months. Banks and other lenders are continually reviewing their variable and fixed interest rates and we will keep you updated on any changes
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Commonwealth Bank To Increase Variable Loan Rates

December 12, 2016 Commonwealth Bank, Fixed Rates, variable interest rate by Administrator

Today the Commonwealth Bank announced that they will be increasing interest rates for its Variable Investment Home Loan and Viridian Line of Credit (VLOC) products effective Friday 16 December 2016. Investment home loan rates will increase by 0.07% and VLOC will increase by 0.15%. Please note they are not increasing interest rates for owner occupied home
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ING Direct Home Loan Increase Interest Rates By 0.15%

December 8, 2016 Home Loans, ING Direct, Interest Rates, NAB, New Loan Products, variable interest rate, Westpac by Administrator

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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Rates On Hold Until February 2017

December 6, 2016 ANZ, Bank of Melbourne, Bank of Queensland, Commercial Loan Interest rates, Commercial Property Loans, Home Loans, Interest Rates, NAB, RAMS, St George, Suncorp, variable interest rate, Westpac by Administrator

Today the Reserve Bank of Australia has today announced that it has decided to keep the cash rate on hold at 1.5%. The RBA will not meet again until the first Tuesday in February 2017 so interest rates will remain stable until then. However, some banks have been increasing their interest rates
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Westpac and NAB Increase Variable Interest Rates.

December 5, 2016 Commercial Loan Interest rates, Commercial Property Loans, Home Loans, Interest Rates, Investment Loans, NAB, variable interest rate, Westpac by Administrator

A day before the RBAs December interest rate announcement, Westpac and NAB have increased interest rates for property investment loans and interest only home loans. NAB announced that it will increase it variable rate on property investment loans by 0.15% for new and existing customers. These changes will take affect next Monday on the 12th
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