![]() ![]() ![]() When the banks pass on the rate lift in full, the rate rise will add $133 a month on a loan worth $500,000 over 25 years, and $265 a month on a loan worth $1 million. ![]() On top of that, CBA will extend availability of a term deposit rate of 2.25 per cent for 18 months which was introduced in the May hike.ĪNZ offered a term deposit rate of 2.25 per cent for 11 months from June 13 and NAB introduced a term deposit rate of 2.25 per cent for a year from June 17. While the CBA said it would pass on the full value of the RBA's rate hike for selected deposit accounts, ANZ said it was reviewing its current savings rates. The new standard variable interest rate for owner-occupiers paying principal and interest will be 5.30 per cent for the CBA customers. All three banks said they would raise home-loan variable interest rates by half a percentage point from June 17. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |