“An easing of short-term money market rates” has prompted ANZ to cut its fixed home and residential investment rates by up to half a percentage point, the bank told Mortgage Business today.
Effective today, interest rates on the bank’s fixed rate home and residential investment loans will decrease by between 11 and 50 basis points to bring all one to five year fixed loans to a rate of 8.99 per cent.
This compares to a standard variable rate of 9.62 per cent.
Seven and ten year fixed loans will fall to 9.39 per cent.
Who do you aggregate through?
Thank you for your vote, you can see the results here.
Mortgage Choice has announced that Citi’s former head of bankin...
The major bank has announced that it will extend the maximum loan...
Credit growth has waned as a result of a sharp drop-off in busine...