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 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
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.
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.