BOQ increase interest rate for owners occupier and investors

Posted Friday, 08 April 2016 at 14:34 by Shape Home Loans
Tagged: Fixed rates | Loan for investment | increasing your serviceability | Loan for owners occupier | Investors | First home buyer | home loans | interest rates | news
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Out of rate increase - BOQ ( Bank of Queensland)

BOQ will increase their owners occupier rate by 0.12% and investors rate by 0.25% as of 15/4/2016.

Note: This is an out of RBA rate decision increase.

Looking too fix your rate? 

Owners occupier fixed rate - 3.98% fixed for 2 years and 3,99% for 3 years fixed 

Investors fixed rate - 4.19% 2 years fixed and 4.19% for 3 years fixed 

Fix rate consideration:

• Break cost applies if you break the loan during the fix period
• It's slightly hardier to take out equity/cash out during the fix rate period
• Rate is current as of today and is locked in as of settlement date, unless a rate lock fee is applied