Important information regarding
Aussie Home Loans
17/03/2008
The Reserve Bank of Australia has recently announced a further interest rate rise, effective 4th March 2008.
This RBA rate rise, accompanied by continued increases in the costs of home loan funding, has necessitated an increase in Aussie Home Loan’s Standard Variable Rate of 0.40%. This rate rise will take our Aussie Basic to 8.84% and Aussie Standard Variable Rate to 9.30% effective from 17th March 2008.
The decision to lift our interest rate is a consequence of the increased costs being experienced in world credit markets and follows announcements of increases in home loan rates by various lenders, including the country’s largest banks.
If you would like to discuss your home loan situation, please call us on 13 13 33.