ING, Suncorp adjust home loan rates
While further increases to the cash rate look less and less likely, some of Australia's largest lenders are still increasing home loan rates.
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While further increases to the cash rate look less and less likely, some of Australia's largest lenders are still increasing home loan rates.
In this month's home loan snapshot we review recent fixed and variable rate changes from ANZ, CBA and NAB and take a look at some of the lowest and average rates in the Mozo database.
ING lifts high-LVR mortgage rates ING lifts high-LVR mortgage rates 05 February 2021 6:19AM ING Australia has added 11 basis points to the interest rate on owner occupier mortgages with loan-to-valuation ratios above 90 per cent. The rate rises from 2.94 per cent to 3.05 per cent for high-LVR borrowers with an Orange Advantage loan and from 2.89 per cent to 3 per cent for borrowers with a Mortgage Simplifier loan. Canstar finance expert Steve Mickenbecker said more lenders were pricing for risk. Mickenbecker said that so far this year Adelaide Bank, Credit Union SA, Freedom Lend, Homestar Fin...