ANZ decreases variable home loan rates

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ANZ today announced it will decrease variable interest home loan rates in Australia by 0.18%pa, following the Reserve Bank of Australia’s decision to reduce the official cash rate. key points: decrease all variable interest rates for Australian home and residential investment loans by 0.18%pa.

ANZ, CBA and Westpac have now lifted home loan rates. They all blame higher funding costs behind their decisions. Standard variable home loan rates; CBA 5.37%; Westpac 5.38%; ANZ 5.36%. The.

ANZ and the Commonwealth Bank have followed Westpac by increasing variable home loan rates. (AAP) For CBA owner occupiers, the standard variable home loan rate will increase to 5.37 percent per annum for customers with principal and interest repayments, and 5.92 percent per annum for customers with interest only repayments.

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ANZ today announced it will decrease variable interest home loan rates in Australia by 0.25%pa, following the Reserve Bank of Australia’s decision to reduce the official cash rate. Decrease all variable interest rates for Australian home and residential investment loans by 0.25%pa.

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ANZ decreases variable home loan rates ANZ announced it will decrease variable home loan interest rates in Australia as of 14th June 2019. Key Information:. Reduce variable interest rates for Australian home, residential investment loans and line of credit loans by 0.18% p.a. These changes will be effective Friday 14th June 2019.

ANZ Bank Group recently admitted it had been “over conservative” in cutting investor lending and committed to ramping it back up with more attractive offers. The bank’s home. rates are up to 70.

ANZ today announced it will decrease variable interest home loan rates in Australia by 0.18%pa, following the Reserve Bank of Australia’s decision to reduce the official cash rate. . outdone Westpac with larger rate hikes foisted on home loan borrowers, suggesting National Australia Bank is not far off with rate hikes of its own.