The Bank of Queensland has increased interest rates for a number of its home loan products, particularly on their standard variable and variable low doc loans.
The standard variable home loan rates for both line of credit facility and line of credit investment facility moved up to 6.46% from 6.36%.
Variable low doc loan rates rose from 7.51% to 7.61% for both low doc line of credit and low doc investment line of credit.
Below are the other changes in terms of package interest rates for the Standard Variable Investment Home Loan:
| Line of Credit Facility | New package interest rates | Previous rates |
| $150,000 to less than $250,000 | 5.81% | 5.71% |
| $250,000 to less than $1,000,000 | 5.46% | 5.36% |
| $1,000,000 and over | 5.41% | 5.31% |
| Line of Credit Investment Facility | ||
| $150,000 to less than $250,000 | 5.81% | 5.71% |
| $250,000 to less than $1,000,000 | 5.46% | 5.36% |
| $1,000,000 and over | 5.41% | 5.31% |
Collections: Mortgage News
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