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Interest Rates: Lender Responses


In the wake of the Reserve Banks decision last week, many lenders have adjusted their interest rates.

Here's an update as of the 10th of May:

ANZ

Rate Reduction: 0.19%

Effect Date: 13/05/2016

 

CBA

Rate Reduction: 0.25%

Effect Date: 20/05/2016

 

NAB

Rate Reduction: 0.25%

Effect Date: 16/05/2016

 

Westpac

Rate Reduction: 0.25%

Effect Date: 23/05/2016

 

St George

Rate Reduction: 0.25%

Effect Date: 23/05/2016

 

ING Direct

Rate Reduction: 0.25%

Effect Date: 20/05/2016

 

AMP

Rate Reduction: 0.20%

Effect Date: 23/05/2016

 

Bankwest

Rate Reduction: 0.20%

Effect Date: 20/05/2016

 

ME Bank

Rate Reduction: 0.05%

Effect Date: 16/05/2016

Not happy with your lender? Many providers are still offering refinance cash backs, get a quote today!

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