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Greater Bank has introduced new variable rates of 2.68 per cent for owner-occupied loans

16D ago 0 Replies 26 Views
Greater Bank has become the 10th mortgage lender to put forward an interest rate below 2 per cent.
An interest rate below 2 per cent was first introduced as recently as 10 weeks ago, meaning that on average, one lender per week has slashed its home loan rate to under 2 per cent.
The Newcastle-based mutual bank has today reduced its one-year fixed interest rate by 0.10 per cent to 1.99 per cent for principal and interest (P&I) home loans.

New and existing home loan customers wanting to refinance to a fixed rate mortgage may be eligible for the rates, which are only open to borrowers in NSW, ACT and Queensland.
Greater Bank has also introduced new variable rates of 2.68 per cent for owner-occupied loans and 2.98 per cent for investment loans, also effective from today.

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