Powered by MOMENTUM MEDIA
subscribe to our newsletter

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.

Advertisement
Advertisement

PROMOTED CONTENT


>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

Latest News

An industry poll has been launched to understand the key issues impacting mortgage and finance industry professionals leading up to the 2022...

The mutual bank has confirmed that it has reached a milestone figure of $10 billion in assets. ...

The financial complaints body has recruited a new leader for its compliance and monitoring team. ...


Join Australia's most informed brokers

Do you know which lenders are providing brokers and their customers with the best service?

Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!

Do you think APRA's bank buffer changes will see more borrowers use non-banks?

Website Notifications

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