News
Previous News Items
- Yes to portable LMI, but expect higher premiums
- Lender on fraud charges
- Tech-savvy Bankwest considers customers with state of the art website
- Word of mouth best business driver: Survey
- Property listings balloon
- Aussie John goes Swan hunting
- "Best on Show" - Australia’s most exclusive suburbs
- Affordability, not interest rates will cripple Great Aussie Dream
- Big Four have no natural predators: KPMG
- ING Direct edges closer to 7% on fixed rate
- NAB has lowest rates: Cameron Clyne
- Westpac takes knife to interest rates
- Westpac's Gail Kelly sides with smaller lenders on fee ban, promises rates cuts to borrowers
- Homeloans offers $600 incentive to borrowers
- Fixed rates down as incentives find favour
- High exit costs deny consumers best banking deals
- Bankwest cuts all application fees to zero
- 100% LVRs?
- Westpac latest to increase LVR to 95%
- CBA moves to 95% LVR for all
By Tim Neary
March 11, 2011
Looking to provide a better suite of products, ING Direct has cut the interest on its three year fixed rate home loan by 14 basis points.
This takes its new fixed rate to a competitive 7.30%.
Executive director for mortgages Lisa Claes told The Adviser the rate cut was one of many product enhancements, all of which appeared to making a positive impact on competition.
ING Direct has already launched an incentive switching campaign, offered a new tier on its Orange Advantage home loan and increased its maximum LVR to 95%.
Related Story
NAB has lowest rates: Cameron Clyne - Asked if NAB would match Westpac's commitment to pass cheaper funding costs onto consumers, CEO Cameron Clyne said the NAB already had lower rates than other majors.
 |
 |
| Phone (02) 9939 8771 |
