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Mortgage News - May 2012 Archive History

Mortgage News - May 2012 RSS Feed

  • ANZ finally cuts interest rates
    ANZ became the last of the big four to cut interest rates on Friday, choosing to pass on 75% of the Reserve Bank’s 0.5 percentage point cut.   The bank’s variable home loan rate was cut by 37 basis points to 7.05%, ...
    Mon 14th May, 2012
  • Westpac and CommBank announce rate decisions
    Westpac and Commonwealth Bank have both released their plans following the Reserve Bank’s 0.5% reduction in interest rates earlier this week.   Westpac has announced that it will pass on the full interest rate cut – 50 ...
    Fri 4th May, 2012
  • NAB announces plans for home loan rates
    National Australia Bank (NAB) was the first of the ‘Big Four’ banks to announce its plans in response to the Reserve Bank’s central interest rate cut on Tuesday. It will pass on only 64% of it to its customers.   The ...
    Wed 2nd May, 2012