Aussie Home Loans has announced interest rate reductions for its owner occupier home loans, with rates now starting from 4.12 per cent p.a.# (comparison rate 4.13 per cent p.a.)^.
The Aussie Optimizer promotional variable rate is now starting from 4.12 per cent p.a.# (comparison rate 4.13 per cent p.a.)^ for loan amounts over $750,000 when paying principal and interest repayments and with a loan to value ratio (LVR) of 80 per cent or lower when lodged prior to 31 December 2015 and settled by 31 March 2016.
The Aussie Select Basic Variable Rate for owner occupiers will now be starting from 4.14 per cent p.a.* (comparison rate 4.15 per cent p.a.)^, for loan amounts over $500,000 with a loan to value ratio (LVR) of 80 per cent or lower, effective 12 August 2015.
James Symond, Chief Executive of Aussie, said “Interest rates are at historic lows and our panel of now 20 lenders are fighting for owner occupier market share. Now is the time for home owners and future home buyers to ensure they secure the right home loan for their needs with the best rate they can get.”
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