Finance Broker Australia Home Loan Broker

IMB Building Society variable interest rate home loans increased by 0.10 percent effective 19th May 2008.

Variable interest rate home loans affected are as follows;

• Budget Blue Home Loan
• Budget Home Loan
• Discount Split Choice Home Loan
• Equity Line Advantage
• Lo Doc Home Loan
• Standard Variable Interest Rate Home Loan

Contact Ability Finance brokers on 02 80024035 for further information.

Effective the 16th April 2008 IMB Building Society will implement the following home loan changes.

IMB has made some changes in response to sustained increases in the cost of funds, which is impacting all Australian financial institutions. Unlike a number of IMB Building Society competitors, and as a member focused organisation, IMB Building Society have chosen not to pass on the changes to IMB Building Society existing borrowers.

Summary of the changes are:

Fixed rates - $6 per month ongoing fee introduced

Budget Home loan - 0.15 percent increase