subscribe to our newsletter
ING Direct hikes rates for owner-occupiers and investors

ING Direct hikes rates for owner-occupiers and investors

ING Direct has announced that it will increase its variable mortgage rates for owner-occupiers and investors.

ING Direct announced it will increase interest rates by 0.18 per cent across its variable owner-occupier and investor residential loan portfolio, effective 15 January 2016.

At that date, the variable interest rate on the Orange Advantage offset home loan for residential owner-occupier borrowers will be 5.02 per cent (5.21 per cent comparison rate).

On 25 September the bank increased its variable rates for property investors by 37 basis points.

ING Direct hikes rates for owner-occupiers and investors
mortgagebusiness logo

Latest News

Affordability is often on the minds of the general public, and that, combined with rental opportunities, are reshaping the Australian dream ...

An increasing number of Australians are obtaining home loans from non-bank lenders, bypassing higher interest rates offered by traditional l...

The government has announced that Treasury secretary John Fraser will resign at the end of the month and will be replaced by Scott Morrisonâ...

Promoted Stories

podcast

LATEST PODCAST: Broker commission changes, changes to low doc lending and the Deloitte mortgage report 2018

Do you expect access to credit to get harder this year?