Suncorp, ING Direct, and Heritage Bank have all made recent changes to their rates.
Heritage Bank’s Discount Variable Rate Special Rate now lies at 4.34% from 4.39%, with a new comparison rate of 4.36%. Repayments start at $1,914 per month.
Suncorp also changed its rates for its one-year fixed Home Package Plus 1 to 4.39%. This is applicable to loans with LVR 80% to 90% from $750,000 and up, $500,000 to $749,999, as well as for those with Fixed LVR >90% amounting to $750,000 and up. Suncorp’s starting repayments are at $1,924.
ING Direct made the most number of changes in its fixed rates. These are as follows:
Loan | Interest | Comparison |
Orange Advantage Loan 3 Yrs $250K+ LVR 80% | 4.24% | 4.59% |
Orange Advantage Loan 3 Yrs $250K+ LVR >90% | 4.24% | 4.84% |
Orange Advantage Loan 3 Yrs $250K+ - LVR >80% up to 90% | 4.24% | 4.63% |
SmartPack Loan 3 Yrs $250K+ - LVR >80% up to 90% | 4.34% | 4.62% |
Fixed Rate Loan 3 Yrs | 4.34% | 4.83% |
SmartPack Loan 3 Yrs $250K+ - LVR 80% | 4.34% | 4.53% |
SmartPack Loan 3 Yrs $250K+ - LVR >90% | 4.34% | 4.78% |
Collections: Mortgage News
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