Powered by MOMENTUM MEDIA
Powered by MOMENTUM MEDIA
subscribe to our newsletter
subscribe to our newsletter

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).

Advertisement
Advertisement

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

Latest News

The prudential regulator has confirmed that it is temporarily suspending the issuance of new licenses in response to the “economic uncerta...

The government has unveiled its previously announced commercial leasing code of conduct, which aims to protect tenants and landlords facing ...

The central bank has revealed that it has purchased over $36 billion in government bonds as part of its quantitative easing program to suppo...

FROM THE WEB
podcast

LATEST PODCAST: Managing the influx of COVID-19-related loans

Do you expect COVID-19 to reduce or increase your business flows?

Why we’ll keep delivering for our communities in the face of COVID-19

alex

As Australia tries to keep pace with a rapidly changing business and social landscape in the wake of COVID-19, Momentum Media is leading the way delivering essential content to our communities, writes Alex Whitlock, director of Mortgage Business.

Read more

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.