Finware Focus

21 March 2014 - Rate Reductions and New LVR Tiers

Effective Friday, 21st March, ING, Homeloans and Nationalcorp reduced some of their fixed rates by up to 0.15% p.a.



 

Lender

Product

Initial Rate

+/-

ING Direct

2 Year Fixed

4.74%

-0.05%

ING Direct

2 Year Fixed SmartPack <=80% LVR

4.74%

-0.05%

ING Direct

5 Year Fixed

5.54%

-0.05%

ING Direct

5 Year Fixed SmartPack <=80% LVR

5.54%

-0.05%

Homeloans Ltd

Homeloans ProSmart 3 Year Fixed

5.29%

-0.05%

Homeloans Ltd

Homeloans ProSmart 4 Year Fixed

5.74%

-0.15%

Homeloans Ltd

Homeloans ProSmart 5 Year Fixed

5.99%

-0.10%

Homeloans Ltd

Homeloans ProSmart SMSF 3 Year Fixed

5.79%

-0.05%

Homeloans Ltd

Homeloans ProSmart SMSF 4 Year Fixed

6.14%

-0.15%

Homeloans Ltd

Homeloans ProSmart SMSF 5 Year Fixed

6.39%

-0.10%

Nationalcorp

(ING) Basic - 3 Year Fixed

5.24%

-0.05%

Nationalcorp

(ING) Basic - 4 Year Fixed

5.59%

-0.15%

Nationalcorp

(ING) Basic - SMSF 3 Year Fixed

5.54%

-0.05%

Nationalcorp

(ING) Basic - SMSF 4 Year Fixed

5.89%

-0.15%

Nationalcorp

(ING) Basic - SMSF 5 Year Fixed

6.14%

-0.10%

Also effective on Friday, 21st March, Homeside introduced new LVR tiers on its Homeplus range:

·         Up to 80% LVR

·         80 to 90% LVR

HomePlus Standard Variable

<80% LVR

80-90% LVR

>90% LVR

$750,000 and above

4.89%

4.94%

5.21%

$500,000 to <$750,000

4.92%

4.99%

5.21%

$250,000 to <$500,000

4.95%

5.04%

5.31%

<$250,000

5.10%

5.24%

5.41%

Check out the new rates in iLend™.

powered by Finware