MPA Lender Update 2/9/2015

Suncorp Bank increases investor rates | Westpac's rate discounts and rebate offers​

Suncorp Bank increases investor rates | Westpac's rate discounts and rebate offers​

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

RATES
Suncorp Bank increases interest rates to 5.23% (from 4.96%
and comparison rate 5.24%) on Investment Back to Basics variable loans and 5.81% (from 5.54% and comparison rate 5.97%) on Investment Standard variable loans, effective 31 August 2015.  

Westpac applies rate discounts to Flexi First home loan products with a 4.19% interest rate on the Flexi First Options Home Loan and 4.46% on the Flexi First Investment Loan, representing a 0.64% life of loan discount and effective 1 September 2015 (comparison rate not provided). The spring-time offer will also waive the $600 establishment fee.

Westpac announces a $1250 refinance rebate offer for both owner occupied and investment loans, available to full applications conditionally approved by 30 November 2015 and settled by 29 February 2016.

PRODUCT
No changes today

POLICY
No changes today

COMMISSIONS
No changes today

+ Read today's Morning Briefing Australia and New Zealand Banking Group has signed a $450 million deal with IBM