Skip to Content

Important information

Please be aware of the following;

  • As a blog style website there can be a lot of historical content contained within this website that is out of date and no longer applicable. This content must only be used for historical reference purposes.
  • Ability Finance, through choice, no longer represent some lenders who may be historically referred to within this website.
  • No information or content contained on this site should be relied on as being current.
  • No content contained within this site should be taken as advice in any way at all.

Interest Rate Decrease

Where interest rates are decreased

Citibank Variable Interest Rate Reduction

Mon, 2008-11-10 16:56 — administrator

Citibank is decreasing all current variable interest rates by 0.65 percent effective Monday 17th November.

Updated interest rate sheet will be issued on Monday 17th November .

Also please stay tuned for the Citibank hot new to bank basic rate home loan effective Monday 17th November.

RAMS variable interest rate lowered

Mon, 2008-11-10 12:24 — administrator

RAMS Basic Home Loan rate reduced to Call% p.a.

To ensure it continues to offer a cheaper alternative to the major banks, RAMS is today reducing its standard variable rate to just Call%. Read more

Fixed rate reduction for Heritage Home Loans

Fri, 2008-11-07 22:15 — administrator

Heritage Building Society have very attractive fixed interest home loan options at present.

1 & 2 Year fixed currently Call%
3 & 5 Year fixed currently Call%

Unlimited lump sum payments (break cost applicable only if paid out in full)

Redraw available

Application fee $600, no additional cost to split loan facilities (legal and settlement fees will apply)

Bankwest Lowers Variable Home Loan Rate 0.60 Percent

Fri, 2008-11-07 17:04 — administrator

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.

Suncorp Variable Interest Home Loans

Thu, 2008-10-23 15:27 — wes@ability

Effective 27th October 2008 Suncorp will decrease variable interest rates on home loans by 0.21 percent.

Back to Basics – up to 100% LVR

Suncorp offer 0.10 percent discount off Back to Basics rate for all Full Doc loans of $250,000 or greater!!!

Features of the Back to Basics product

- No monthly account keeping fees

- No settlement fees

- Cashback (redraw) available

- Unlimited additional repayments

- Available for No Deposit, Family Equity, Construction & 100% Loans

- Application Fee $600 (includes 1 free valuation) Read more

Commonwealth Bank Changes to Interest rates

Wed, 2008-10-22 18:35 — administrator

Changes to Variable and Fixed Home Loan / Investment Home Loan Rates

The Commonwealth Bank today announced that it will cut its variable interest rate and fixed rates for home loans and investment home loans, as from Thursday 30 October 2008.

Interest rates for the following lending products (new and existing borrowings) will change from Thursday 30 October 2008:
Standard Variable Rates Read more

  • Standard Variable Rate (including Low Doc) - 0.21 percent
  • 12 Months Discounted Variable Rate - 0.21 percent

Variable and Fixed Interest Rate Home Loan Reductions

Wed, 2008-10-22 16:12 — Broker

ING DIRECT will reduce all residential variable mortgage interest rates by 0.20 percent per annum effective from 31 October 2008.

Fixed rates for 3, 4 and 5 year terms will reduce effective from 24 October 2008.

St George Decreases Variable Interest Rates

Tue, 2008-10-21 17:59 — administrator

Decrease to Standard Variable Rate

Effective Friday 31 October 2008

St.George Bank is reducing its Standard Variable Home Loan Rate by 0.21 percent. BankSA will be reducing its Standard Variable Home Loan Rate by 0.26 percent.

Both rate reductions are effective Friday 31 October 2008 for both new and existing borrowers.

These variable home loan interest rate reductions will come as a welcome relief to many Australian families. Read more

AMP Banking Interest Rate Changes

Mon, 2008-10-20 11:28 — administrator

Home Loans - Interest Rate Changes

Variable Rate Loans (excluding Low Doc) - changes effective last weekend.
Decreasing by 0.80 percent pa
Effective Saturday 18 October 2008 for new business, Effective Monday 20 October 2008 for existing business
Changes impact all full documentation variable rate loans and lines of credit

All Loans with >95% - changes effective as detailed below
The margin that is applied to rates for loans with an LVR >95% is increasing by 40 bps Read more

Banks Reduce Variable Interest Rate

Mon, 2008-10-20 08:05 — Broker

Banks announce further home loan variable interest rate cut.

Most banks reduced their standard variable interest rates by 0.80 percent following the Reserve Bank of Australia lowering of the cash rate by 1 percent at the October 2008 meeting.

Certain banks have announced a further reduction to their standard variable home loan interest rates in the past few days of an additional 0.25 percent.

An important note to consider is that there are still differences between different banks and lenders standard variable home loan interest rate. Read more

ANZ Variable Interest Rate changes

Fri, 2008-10-17 19:51 — administrator

ANZ has announced a decrease to interest rates for variable rate mortgages by 0.25 percent per annum as a first step in delivering on its promise to pass on interest rate cuts as global market conditions ease.

This variable home loan interest rate change is in addition to the decrease of up to 0.80 percent per annum announced last week.

The new lower variable home loan interest rates will be effective Monday 27th October 2008 Read more

Commonwealth Reduces Fixed Interest Rates

Thu, 2008-10-16 11:02 — Broker

Following recent interest rate movements in the market, Commonwealth Bank is reducing its fixed interest rates on home loans and is lowering its Line of Credit Reference Rate by 0.80 percent.

Fixed interst rates are to be reduced by up to 1.55 percent effective Monday 20th October 2008

Contact Ability Finance brokers using this email form or telephone 02 80024035 for information and help with choosing a suitable home loan. Read more

FIRST HOME BUYERS OFFER

Wed, 2008-10-15 19:36 — administrator

THREE WEEKS ONLY COMMENCING MONDAY 20TH OCTOBER 2008 UNTIL SUNDAY 9TH NOVEMBER 2008)

First Home buyers eligible for the NSW/ACT Government First Home Owner Grant can apply for a First Option Home Loan with NIL Establishment Fee ($600 saving), NO Monthly Maintenance Fee ($10 per month saving) and an extra 0.12 percent discount on the First Option Home Loan rate.

The First Option Home Loan allows the customer to make additional repayments at any time and also access their redraw facility. Read more

ANZ Fixed Interest Rate Changes

Wed, 2008-10-15 19:27 — administrator

ANZ have announced reductions to home loan fixed interest rates over 1, 2, 3 and 4 years of between 0.14 and 0.70 percent.

Contact Ability Finance now on 02 80024035 for further information

RAMS REDUCES FIXED RATES

Wed, 2008-10-15 19:22 — administrator

Effective today, 15 October 2008, RAMS is pleased to announce a decrease in all its Fixed Rate products.

Ask us about RAMS 3 year fixed rates – now some of the most competitive in the market!

RAMS also now allow for rate Fixing at Settlement:

Products:
RAMS Fixed Rate
RAMS Fixed Rate Pro Pack 1 & 2
RAMS Fixed Rate Low Doc
RAMS Fixed Rate SE Pro Pack 1 & 2

Contact Ability Finance on 02 80024035 now.

Syndicate content


Theme by Dr. Radut.