Mortgage News February 26, 2020
ANZ Rate Increase

Effective 1st April, ANZ increased their FlexiPlus rate by 0.25% p.a. for new and existing home loans. The variable rate also took effect today for existing home loans.

ANZ Product

Initial Rate

+/-

Simple Variable

5.99%

0.25%

FlexiPlus

6.10%

0.25%

Home Loan rates above apply to new home loans with at least 20% equity or deposit and existing ANZ Home Loans (unless otherwise specified). Rates above also apply to new home lending over 80% LVR that we confirm qualifies as an exemption to the Reserve Bank LVR restrictions (for example refinancing from another bank). A low equity premium may apply.

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