subscribe to our newsletter
ME cuts variable rates by up to 40 basis points

ME cuts variable rates by up to 40 basis points

ME has today announced significant rate cuts on a range of variable home loan products for both investors and owner-occupiers.

The non-major bank announced that its Basic Home Loan with maximum LVR of 80 per cent has been cut by 40 basis points for investors and 20 basis points for owner-occupiers to 4.24 per cent.

ME's Flexible Home Loan with Member Package has been reduced by 6 basis points for owner-occupiers and investors to 3.89 per cent and 4.09 per cent respectively. These offers apply to loans with a maximum LVR of 80 per cent.

Furthermore, the bank’s Flexible Home Loan with Member Package for owner-occupiers and investors with an LVR band of 80 to 90 per cent has been reduced by 15 basis points to 4.09 per cent and 4.29 per cent respectively.

ME cuts variable rates by up to 40 basis points
mortgagebusiness logo

Latest News

Legislation has been introduced by the federal government aimed at strengthening the prudential regulator to ensure stability and accountabi...

Australia’s premium housing market has softened more than its more affordable segment, according to the latest CoreLogic Decile Report. ...

Global ratings agency Moody’s has joined a chorus of analysts forecasting tighter mortgage policies as a result of the royal commission’...

Promoted Stories

podcast

LATEST PODCAST: Macquarie merger, WA property tax and AMP staff haemorrhage

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