Horizon Bank lifts its 5-year fixed personal loan rate 1.25pp to 8.24%
The 8.24% is the 5-year fixed rate.
Daily insights ·
7 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.
The 8.24% is the 5-year fixed rate.
Business Loan - Variable (Interest Only) went from 10.19% to 9.44%.
The 8.60% is the variable rate on the Online Investment Loan.
Escrow and Specific Security Agreement.
Overdraft went from 7.25% to 6.95%.
The 6.40% is the variable rate on Basics Home Loan Special Offer for owner-occupiers paying principal and interest, with a deposit of 40% or more and borrowing $150,000 or more. Its other 1- to 5-year fixed home loan rates rose too, by 0.35pp. Its variable home loan rates rose 0.20pp. Its 1-year fixed home loan rate for owner-occupiers paying principal and interest moved furthest, up 0.35pp to 6.65%.
The 5.50% applies on balances of $1,000 to $2,000,000 and was 5.30% a week ago. The highest term deposit rate we track is 5.60%, at CommFCU and Gateway Bank.
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