Auswide Bank offers 3.99% variable rate

Auswide Bank offers 3.99% variable rate
Auswide Bank offers 3.99% variable rate

Auswide Bank has announced a 3.99% per annum variable home loan interest rate. 

Auswide Bank managing director Martin Barrett says this rate was available for purchase, construction and refinance purposes on new principal and interest home loans of $150,000 for LVR’s up to 90%.
“It includes a 100% offset account and the ability to fix when you want to,” said Barrett.

Martin Barrett says this rate is the lowest advertised home loan rate offered in the bank’s history.

Last month Auswide Bank was awarded a five-star rating from Canstar on its Freedom Package home loan products.

The non-major received the outstanding value accolade for both its residential and investment variable home loans with the Freedom Package.

The Home Loan Star Ratings Report looks at over 100 lenders and over 1,000 loan products to determine which providers and products offer outstanding value for borrowers.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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