Powered by MOMENTUM MEDIA
the adviser logo
Lender

Regional bank reduces rates

by Staff reporter2 minute read
The Adviser

Suncorp Bank has announced rate cuts across its suite of fixed-rate home loans.

Effective immediately, the regional bank’s three- and five-year fixed home loan rates have been reduced to 4.44 per cent and 4.74 per cent respectively.

Suncorp's three- and five-year fixed interest-in-advance rates have been cut to 4.29 per cent and 4.59 per cent, while the group’s Home Package Plus product now has three- and five-year fixed rates available at 4.29 per cent and 4.59 per cent.

Suncorp Bank head of intermediaries Steven Degetto said the bank’s latest rates were some of the best in the market and further bolster its competitive home lending proposition.

“As Australia’s leading regional bank, we are committed to supporting Australians to achieve their financial goals,” he said.

“Our diverse suite of home lending products ensures all our customers have access to a product that best meets their individual circumstances.”

Mr Degetto added that Suncorp Bank continues to offer a waiver of the annual Home Package Plus product for the life of the loan – saving new customers, with loans of $150,000 or more, up to $11,250.

[Related: Homeloans makes further cuts to rates and fees]

default
magazine
Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Read more