Macquarie increases rates by 27 bp | CBA increase investor loan rate to 5.72%
Macquarie increases rates by 27 bp | CBA increase investor loan rate to 5.72%
MPA Lender Update is your same-day product information service, bringing together updates from all lenders
RATES
• Macquarie Bank increases fixed and variable rates for new investment home loans by 0.27% pa, effective Friday 31 July 2015
• Macquarie Bank increases variable rates for existing investment home loans by 0.27% pa, effective Monday 10 August 2015.
• Commonwealth Bank increases the standard variable rate for investor home loans by 27 basis points to 5.72%, applicable to new and existing customers from 10 August 2015.
• Commonwealth Bank increases fixed rates for all new investor loans by between 10 and 40 basis points effective Friday 31 July. The one-year fixed rate will be increased to 4.94%, the two, three and five-year fixed rates will be upped to 5.04% and the new four-year fixed rate will be 5.14%.
• Commonwealth Bank reduces fixed rates for owner occupied loans of up to 0.30% p.a., introduced this week
PRODUCT
• No changes today
POLICY
• No changes today
COMMISSIONS
• No changes today
+ today's Morning Briefing: Morning Briefing: Second big bank raises investor mortgage rates
MPA Lender Update is your same-day product information service, bringing together updates from all lenders
RATES
• Macquarie Bank increases fixed and variable rates for new investment home loans by 0.27% pa, effective Friday 31 July 2015
• Macquarie Bank increases variable rates for existing investment home loans by 0.27% pa, effective Monday 10 August 2015.
• Commonwealth Bank increases the standard variable rate for investor home loans by 27 basis points to 5.72%, applicable to new and existing customers from 10 August 2015.
• Commonwealth Bank increases fixed rates for all new investor loans by between 10 and 40 basis points effective Friday 31 July. The one-year fixed rate will be increased to 4.94%, the two, three and five-year fixed rates will be upped to 5.04% and the new four-year fixed rate will be 5.14%.
• Commonwealth Bank reduces fixed rates for owner occupied loans of up to 0.30% p.a., introduced this week
PRODUCT
• No changes today
POLICY
• No changes today
COMMISSIONS
• No changes today
+ today's Morning Briefing: Morning Briefing: Second big bank raises investor mortgage rates
