Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

ING Direct ups rates for existing investors

percentage increase  x percentage increase  x
James Mitchell 2 minute read

One of Australia’s biggest challenger banks has just announced that it is increasing variable rates on existing investment property loans.

Property investors with an ING Direct variable home loan will see their rate increase by 0.37 per cent from 5 November 2015.

Existing customers who hold both owner-occupied and residential investment loans with the non-major bank will not be subject to this interest rate change.

The current rates for new investment property borrowers remain unchanged.

ING Direct Orange Advantage is priced at 4.84 per cent per annum (5.03 per cent comparison rate) for investors.

ING Direct achieved the top position in The Adviser’s Third Party Banking Report 2015 – Non-Major Lenders.

ING Direct ups rates for existing investors
percentage increase  x
TheAdviser logo

If you have ever considered how you could better service your SME clients but lack the knowledge or confidence to do this beyond referring them on, this is a must-attend event for you. Don't miss SME Broker Bootcamp, a jam-packed, free-to-attend, practical workshop. Register today and secure your place at this interactive, flexible, must-attend event.

percentage increase  x
James Mitchell

James Mitchell

James Mitchell has over eight years’ experience as a financial reporter and is the editor of Wealth and Wellness at Momentum Media.

He has a sound pedigree to cover the business of mortgages and the converging financial services sector having reported for leading finance titles InvestorDaily, InvestorWeekly, Accountants Daily, ifa, Mortgage Business, Residential Property Manager, Real Estate Business, SMSF Adviser, Smart Property Investment, and The Adviser.

He has also been published in The Daily Telegraph and contributed online to FST Media and Mergermarket, part of the Financial Times Group.

James holds a BA (Hons) in English Literature and an MA in Journalism.



more from the adviser
Finsure rebrand

Breaking News

Finsure sale clears regulatory approval

APRA has given the green light to BNK offloading its mortgage agg...

house sold

Breaking News

Hot Property: The biggest property headlines from the week 17-21 January

The weekly round-up of the biggest news stories from across Momen...

mortgage growth

Breaking News

AFG broker lodgements hit new record

Brokers aggregating under the group wrote a record $92 billion of...