Cairns Bank cuts a business loan rate as 4 lenders lift theirs
Commercial Loan went from 7.74% to 7.29% on the 2-year term.
Daily insights ·
8 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.
Commercial Loan went from 7.74% to 7.29% on the 2-year term.
The 11.24% is the variable rate for investors paying interest only. Its variable personal loan rate for investors paying principal and interest moved furthest, up 0.75pp to 7.24%.
Greater Bank still publishes 56 other home loan products.
The 6.15% applies on balances up to $250,000 and was 5.90% a week ago. The highest savings rate we track is 6.25%, at ING and Revolut.
The 6.24% is the variable rate on the Classic Home Loan for owner-occupiers paying principal and interest, with a deposit of 40% or more. Its other 1- to 5-year fixed home loan rates rose too, by 0.10pp. Its variable home loan rates rose 0.30pp. Its variable home loan rate for owner-occupiers paying principal and interest moved furthest, up 0.30pp to 6.94%.
The 8.20% is the variable rate on the COMMERCIAL LOANS.
The 6.24% is the variable rate on the Home Loan-Package for owner-occupiers paying principal and interest, with a deposit of 20% or more and borrowing $150,000 or more.
The 6.24% is the variable rate on liteBlue Deposit Scheme Owner Occupied Principal & Interest (up to 98%LVR) for owner-occupiers paying principal and interest, with a deposit of 2% or more.
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.