Mortgage News February 26, 2020
The Co-operative Bank Rate Reduction

Effective 4th June, the Co-operative Bank reduces their two year fixed rate by 0.14% p.a. and their four and five year fixed rates by 0.10% p.a.


Check out the new rates in iLend™.

The Co-operative Bank Product

Initial Rate

+/-

Fixed 2 Years

5.85%
6.1% if LVR > 80%
6.35% if LVR > 85%
6.6% if LVR > 90%

-0.14%

Fixed 4 Years

6.75%
7% if LVR > 80%
7.25% if LVR > 85%
7.5% if LVR > 90%

-0.10%

Fixed 5 Years

6.89%
7.14% if LVR > 80%
7.39% if LVR > 85%
7.64% if LVR > 90%

-0.10%

 

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