Hume Bank breaks ranks on home loans
While the market cut home loans rates 190 times, Hume Bank lifted myBlue Variable Owner Occupied Interest Only (80-90% LVR) from 6.39% to 6.89%.
Daily insights ·
4 insights from the product data Australian lenders published under the Consumer Data Right that day, ranked by the size of the move, weighted toward the biggest lenders and the breadth of the reprice. The same wording appears on the home page the morning it is written.
While the market cut home loans rates 190 times, Hume Bank lifted myBlue Variable Owner Occupied Interest Only (80-90% LVR) from 6.39% to 6.89%.
The Mac expanded its published home loans range with 4 new products.
Police Credit Union Ltd adjusted Better Car Loan from 7.24% to 6.99%. The 0.25 percentage point reduction marked the largest personal loans move tracked that day.
Beyond Bank Australia moved INV - 6 Mth Capitalise from 4.20% to 4.45%, the largest term deposits move of the day. Other term deposit rates at the bank moved the opposite way the same day. This is a repricing of the range, not an across-the-board move.
Get these by email the morning they are written, for the products and lenders you choose.
Browse every rate behind them, or see who moved, day by day.