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December 2018 RBA Cash rate on Hold

Posted Tuesday, 04 December 2018 at 15:13 by Shape Home Loans
Tagged: interest only | RBA | Rate Change | Loan for investment | Loan for owners occupier | Loan for investor | house prices | Investors | Home Buyer | First home buyer | home loans | interest rates | Equity Release | news
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The Reserve Bank of Australia interest rate annoucement

 

The Reserve Bank of Australia has announced the decision of its monthly board meeting. Board members decided to leave the official cash rate at the record low 1.50%. December 2018

 

Source: http://www.rba.gov.au/

 

RBA Rate

 

 

Current special rate worth mentioning 

Owners rate - Rate current as of 4th  December 2018 ( over 52 lenders) P/I repayment quoted

Lender:Adelaide Bank

Variable rate with 100% offset: 3.60% ( Loan min $150,000)

 

Purpose: New purchae, refinance, equity release and cash out

 

Lender: ANZ Bank

Variable rate :3.81%- ( Loan amount from $150,000+)

Fixed rate: 3.75%

Purpose: New purchae, refinance, equity release and cash out.

Extra promotion: $2,000  - $3,000 Cash back for refinance  ( Condition applies - such as End date and Min loan size  etc..)+ 1st year annual fee wavied

 

Lender:Me Bank

Variable rate with 100% offset: 3.69% ( Loan min $150,000)

Purpose: New purchae, refinance, equity release and cash out.

Extra promotion: $500 Cash back for refinance  ( Condition applies - such as End date and Min loan size  etc..)+ 1st year annual fee wavied
 
 
 

Investment rate - Rate current as of 4th  December 2018 ( over 52 lenders) P/I repayment quoted

Lender: Auswide

Variable rate with 100% offset: 3.95% ( Loan min $150,000) ** Note interest only allowed at 4.34% **** 

Fixed rate: 3.99% 3 years

Purpose: New purchae, refinance, equity release and cash out.

 

Lender: ANZ Bank

Variable rate 4.46% ( Loan min $150,000) 

2 years fixed: 3.95% ( Loan min $150,000) ** Note interest only allowed at 4.18% **** 

Purpose: New purchae, refinance, equity release and cash out.

Extra promotion: 1st year annual fee waived + $2,500- $3,000 cash back  for refinance( Condition applies - such as End date and Min loan size  etc..)

 

Lender: Gateway Credit union

Variable rate 4.17% ( INTEREST ONLY Quoted)

Purpose: New purchae, refinance, equity release and cash out.

Extra promotion: No annual fee and no on going fee.

 

 
 
 

 


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