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Lender

Non-bank cuts rates

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The Adviser

Staff Reporter

One of Australia’s non-bank lenders has slashed the interest on its fixed and variable home loan rates.

Yesterday, Liberty Financial announced it had cut 25 basis points from its variable Liberty Sharp home loan, taking it to 5.34 per cent.

In addition, the lender cut the interest on its fixed rate mortgages for new business, taking it to 5.39 per cent.

“Liberty continues its commitment to driving competition by offering customers one of the broadest and best value home loan ranges, spanning prime and custom loans. We are also committed to providing our business partners with FlexibiLiberty, flexible products and service,” Liberty Financial national sales manager John Mohnacheff said.

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