Rate Reductions and New LVR Tiers
Effective Friday, 21st March, ING, Homeloans and Nationalcorp reduced some of their fixed rates by up to 0.15% p.a.
|
Lender
|
Product
|
Initial Rate
|
+/-
|
|
ING Direct
|
2 Year Fixed
|
4.74%
|
-0.05%
|
|
ING Direct
|
2 Year Fixed SmartPack <=80% LVR
|
4.74%
|
-0.05%
|
|
ING Direct
|
5 Year Fixed
|
5.54%
|
-0.05%
|
|
ING Direct
|
5 Year Fixed SmartPack <=80% LVR
|
5.54%
|
-0.05%
|
|
Homeloans Ltd
|
Homeloans ProSmart 3 Year Fixed
|
5.29%
|
-0.05%
|
|
Homeloans Ltd
|
Homeloans ProSmart 4 Year Fixed
|
5.74%
|
-0.15%
|
|
Homeloans Ltd
|
Homeloans ProSmart 5 Year Fixed
|
5.99%
|
-0.10%
|
|
Homeloans Ltd
|
Homeloans ProSmart SMSF 3 Year Fixed
|
5.79%
|
-0.05%
|
|
Homeloans Ltd
|
Homeloans ProSmart SMSF 4 Year Fixed
|
6.14%
|
-0.15%
|
|
Homeloans Ltd
|
Homeloans ProSmart SMSF 5 Year Fixed
|
6.39%
|
-0.10%
|
|
Nationalcorp
|
(ING) Basic - 3 Year Fixed
|
5.24%
|
-0.05%
|
|
Nationalcorp
|
(ING) Basic - 4 Year Fixed
|
5.59%
|
-0.15%
|
|
Nationalcorp
|
(ING) Basic - SMSF 3 Year Fixed
|
5.54%
|
-0.05%
|
|
Nationalcorp
|
(ING) Basic - SMSF 4 Year Fixed
|
5.89%
|
-0.15%
|
|
Nationalcorp
|
(ING) Basic - SMSF 5 Year Fixed
|
6.14%
|
-0.10%
|
Also effective on Friday, 21st March, Homeside introduced new LVR tiers on its Homeplus range:
· Up to 80% LVR
· 80 to 90% LVR
|
HomePlus Standard Variable
|
<80% LVR
|
80-90% LVR
|
>90% LVR
|
|
$750,000 and above
|
4.89%
|
4.94%
|
5.21%
|
|
$500,000 to <$750,000
|
4.92%
|
4.99%
|
5.21%
|
|
$250,000 to <$500,000
|
4.95%
|
5.04%
|
5.31%
|
|
<$250,000
|
5.10%
|
5.24%
|
5.41%
|
Check out the new rates in iLend™.
|