Rate cuts continue - Yellow Brick Road, AMP Bank and Bendigo Bank
Rate cuts continue - Yellow Brick Road, AMP Bank and Bendigo Bank
Yellow Brick Road Holdings Limited (ASX Code: YBR) cuts rates on Empower owner occupied range (4.0% p.a. comparison rate) and Rate Smasher loan (3.82% p.a comparison rate) by 25 basis points, effective immediately for new loans and on 25 May for existing loans.
AMP Bank cuts standard variable home loan interest rate for owner occupied loans to 5.53% (comparison rate 5.70%) and to 5.82% (comparison rate 5.99%) for investment property loans, effective 23 May 2016.
For new owner occupied home loans the AMP Essential Home Loan variable rate will reduce to 3.88% (comparison rate 3.90%).
The Professional Package variable rate for new owner occupied term loans $750,000 and above will drop to 3.95% (comparison rate 4.31%).
The Basic Package variable rate for new investor property loans will reduce to 4.37% (comparison rate 4.41%).
The AMP SuperEdge variable rate for new SMSF residential property loans will reduce to 5.67% (comparison rate 5.93%).
Bendigo Bank cuts residential owner-occupier variable interest rate by 20 basis points to 5.48% and investment variable rate by 15 basis points to 5.76%, effective 30 May 2016.
Yellow Brick Road Holdings Limited (ASX Code: YBR) cuts rates on Empower owner occupied range (4.0% p.a. comparison rate) and Rate Smasher loan (3.82% p.a comparison rate) by 25 basis points, effective immediately for new loans and on 25 May for existing loans.
AMP Bank cuts standard variable home loan interest rate for owner occupied loans to 5.53% (comparison rate 5.70%) and to 5.82% (comparison rate 5.99%) for investment property loans, effective 23 May 2016.
For new owner occupied home loans the AMP Essential Home Loan variable rate will reduce to 3.88% (comparison rate 3.90%).
The Professional Package variable rate for new owner occupied term loans $750,000 and above will drop to 3.95% (comparison rate 4.31%).
The Basic Package variable rate for new investor property loans will reduce to 4.37% (comparison rate 4.41%).
The AMP SuperEdge variable rate for new SMSF residential property loans will reduce to 5.67% (comparison rate 5.93%).
Bendigo Bank cuts residential owner-occupier variable interest rate by 20 basis points to 5.48% and investment variable rate by 15 basis points to 5.76%, effective 30 May 2016.
