Like all financial institutions in Australia, ING DIRECT has continued to experience higher funding costs as a result of changing credit market conditions and we have had to review interest rates to reflect this.
In response to these conditions, ING DIRECT will increase variable interest rates on mortgages. Effective from Friday 4th April 2008, our variable mortgage rates will increase by 0.10% p.a.
About HomeSide Lending HomeSide Lending is a division of National Australia Bank.
HomeSide Lending mortgage products are available through finance brokers and a network of Mortgage Brokers throughout Australia.