MPA Lender Update 15/06/2015

Bluestone cuts rates by 25 bp | Better Mortgage Management reduces fees

MPA Lender Update is your same-day product information service, bringing together updates from all lenders


RATES

• Bluestone reduces rates across its products by 25 basis points

PRODUCT

• ME (bank) simplifies home loan products into two versions: basic and flexible. The latter options allows a mix of fixed and variable, with optional add-ons including easy offsets
• Bluestone launches 'Business Easy' product for SMEs, including credit-impaired clients
• Better Mortgage Management reduce fees on its Capital Specialist product range

POLICY

• No changes today

COMMISSIONS

• ING Direct extends its increased referral fee ($550) for its Living Super option until the 31st August

+ have you nominated yourself for the Australian Mortgage Awards? Nominations close on Friday!