Powered by MOMENTUM MEDIA
subscribe to our newsletter
Bank slashes mortgage rates

Bank slashes mortgage rates

A non-major lender has cut one of its home loan rates for owner-occupiers.

ING Direct announced today that its three-year fixed interest rate (including a 0.10 per cent per annum discount) for owner-occupiers with an Orange Advantage home loan has been reduced to 3.98 per cent per annum (comparison rate 4.66 per cent per annum).

The fixed interest rate discount of 10 basis points applies to both new ING Direct customers and existing owner-occupier Orange Advantage customers who apply to switch, split or increase a portion of their existing Orange Advantage home loan to a fixed rate loan.

Advertisement
Advertisement

The new three-year fixed rate for non-Orange Advantage owner-occupier customers is 4.08 per cent per annum (comparison rate 4.69 per cent per annum).

Bank slashes mortgage rates
mortgagebusiness

 

Latest News

The major bank has announced its commitment to keeping its regional and rural branches open, at least in the medium term.  ...

A global market analyst has urged observers not to “overstate” the extent of the housing downturn, despite the RBA claiming that it has ...

The major bank has announced a raft of changes to its wealth strategy, including the sale of its “high-cost, loss-making” personal finan...

FROM THE WEB
podcast

LATEST PODCAST: Coalition government and CBA delays

Is enough being done to ensure responsible lending?