Interest rates are on the rise
Especially for investment property loans.
As the major banks embark on another round of out of cycle rate increases now would be a great time to investigate what savings might be available through refinancing your investment properties.
CBA have announced a 0.12% increase on investment loans and NAB over double that amount with an increase of 0.25%. Westpac has also announced an increase of between 0.23% and 0.28% for investor loans and ANZ up to 0.36%.
It would be naïve to think that movements of this nature will not continue as APRA and ASIC continue to apply pressure on the banks to dampen demand in the investor space.
We have access to a range of investment loans that have the potential to save you thousands of dollars in interest payments. With options like the ones below it would be well worth your time to book an appointment for a FREE mortgage health check.
Why not protect yourself against rising rates and lock this rate in now.
Hurry - offer expires 31st March – Apply now and settle by 30th June 2017 to lock in this great deal.
Fixed 1.73% discount off the Standard Variable Investment Rate for the life of the loan.
Click the button and give us your contact details and we'll be in touch within 24 hours to make a time to review your current loans and work out just how much you might save.
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*WARNING: This comparison rate applies only to the example above. Different amounts and terms will result in different comparison rates. Costs such as redraw fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is calculated based on a loan amount of $150,000 over a 25-year term.
