Westpac Reduces Fixed Home Loan Interest Rates

Westpac home loan and investment property home loan fixed interest rates will be reducing effective Tuesday 25 November 2008.
1 year guaranteed - 0.50 percent
1 year fixed - 0.50 percent
2 year fixed - 0.90 percent
3 year fixed - 0.20 percent
4 year fixed - 0.40 percent
5 year fixed - 0.40 percent
6 year fixed (IPL only) No Change
7 year fixed - No Change
9 year fixed (IPL only) 7.39 7.39 7.19 - No Change
10 year fixed - No Change
12 year fixed (IPL only) - No Change

Basic Home Loan Offer

Basic home loan offer available from Monday 17th November.

  • NO application fee
  • NO valuation fee ($500 paid toward cost of valuations. valuations up to $1 million are $220)
  • NO ongoing fees
  • FREE REDRAWS
  • MINIMUM loan can be as low as $50,000
  • Settlement fee only $250
  • CAN be split into four separate accounts at NO additional charge (Note can only combine with basic or fixed)
  • Early repayment fees are Yr 1 $1500, Yr 2 $1200, Yr 3 $1000

Bankwest Lowers Variable Home Loan Rate 0.60 Percent

Fri, 2008-11-07 17:04

Effective 10th November 2008 Bankwest variable interest rate home loans will be changing.

  • Bankwest Lite Home Loan
  • Bankwest Lite Plus Home Loan
  • Mortgage Shredder (excluding 12 Month Fixed Intro)
  • Bankwest Easy Doc Home Loan
  • Bankwest Seniors Equity Release
  • Bankwest Equity Access
  • Home Owners Loan

The variable rate on the above home loan products is reducing 0.60 percent.

 

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