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AMP Banking

AMP Banking Reduce Fixed Interest Rate Home Loans

Thu, 2009-01-15 15:20 — administrator

AMP Banking Fixed Rate Changes

Changes effective 18th January 2009

Standard Fixed Rate Loans
- Introductory 1 Year Fixed Rate decreased by 0.70%
- 1 Year Fixed Rate decreased by 0.50%
- 2 Year Fixed Rate decreased by 1.00%
- 3 Year Fixed Rate decreased by 0.50%
- 5 Year Fixed Rate decreased by 0.50%

Affinity Fixed Rate Loans ($250,000 and above)
- 1 Year Fixed Rate decreased by 0.50%
- 2 Year Fixed Rate decreased by 1.00%
- 3 Year Fixed Rate decreased by 0.50%
- 5 Year Fixed Rate decreased by 0.50%

Affinity Fixed Rate Loans (below $250,000) Read more

AMP reduces home loan variable interest rate

Wed, 2008-12-17 11:16 — administrator

AMP are decreasing interest rates on variable rate home loans loans and lines of credit by 0.88 percent p.a.

The change is effective for new business from Wednesday 17 December 2008 and Friday 19 December 2008 for existing business.

AMP Lowers Home Loans 0.75 percent

Fri, 2008-11-07 10:06 — administrator

AMP Banking have announced the full 0.75 percent RBA cut will be passed on to customers.

Variable Rate Loans - changes effective as detailed below

  • All variable rate loans are decreasing by 0.75% pa
  • Effective Sunday 16 November 2008 for new business
  • Effective Monday 17 November 2008 for existing business
  • Changes impact all variable rate loans and lines of credit, including Practice Finance, Adviser Register & CAPs Loans
  • All variable rate changes will be advertised in The Australian on Thursday 13 November 2008

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

AMP Banking Interest Rate Changes

Thu, 2008-04-17 17:13 — Broker

Variable Rate Changes

The volatility on financial markets continues to significantly impact AMP Banking cost of funds, with the flow-on effect of AMP Banking having to review pricing - however, the Bank continues to absorb a significant portion of the higher funding costs.

As a result, the following changes have been made to intest rate levels for new business for Introductory Variable Rate Loans and fixed interest rate loans. For new applications received from Monday 21 April 2008. Read more

AMP Banking

Mon, 2008-04-14 21:05 — administrator

Since the days of bushrangers and the gold rush, AMP has been helping people manage their financial wellbeing so they can enjoy the future they want.

Beginning in 1849 as The Australian Mutual Provident Society, an organisation offering life insurance, AMP has evolved over 150-plus years to a publicly listed company.

AMP has emerged as a strong, highly adaptable company, supporting its people and becoming an integral part of the economic and social fabric of its communities. Read more

AMP Banking Variable Interest Rate Rise

Wed, 2008-04-09 20:32 — Broker
AMP Banking Variable Interest Rate Changes effective 10 April 2008. The following AMP Banking variable interest rate home loans are increasing by 0.10 percent tomorrow
  • Introductory Classic Variable Rate Loan
  • Classic Variable Rate Loan
  • Classic Line of Credit
  • Construction Loan
  • Select Variable Rate Loan
  • Introductory Professional Package Variable Rate Loan
  • Professional Package Variable Rate Loan
  • Professional Package Line of Credit
  • Standard Rate Low Doc (LMI payable LVR >60% to 80%)
Read more

AMP Banking Interest Rate Increase and fees changes

Wed, 2008-04-02 21:13 — Broker

AMP Banking have announced that the volatility on financial markets continues to significantly impact their cost of funds, with the flow-on effect of AMP Banking having to review pricing - however, the Bank continues to absorb a significant portion of the higher funding costs.

As a result, the following changes have been made to AMP Banking interest rates and fees for loan products.

CHANGES EFFECTIVE MONDAY 7 APRIL 2008

Basic Variable Rate Loan - interest rate for new business Read more

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