Major bank announces 49 point rate cut

July 08, 2014
Steve Hodgkinson

A major bank has announced a 49 point rate cut to its variable rate bringing it to 4.88% and temporarily reduced the application fee from $600 to $0. On the face of it this is an attractive deal.

But beware! After the 2 year introductory period expires the inerest rate jumps to 5.33%.

If you want to find the best deal for your circumstances give Steve and Lisa a call on (08) 9317 4814.

Posted in: Interest rates

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