Housing Loan Rates

Do you not depend on any of the following for your payment of your principal and/or (in the case of interest rate mortgages) for repayment of the final amount due: any asset denominated in a currency other than the pound Sterling (including any non-UK real estate or land)?

This can be found on your mortgages abstract or other mortgage-related letter. Or, if you would like to talk to one of our mortgages consultants, you can call us at 0800 111 4355 (we are open from Monday to Friday from 8 a.m. to 8 p.m., from 9 a.m. to 5 p.m. Saturday and from 10 a.m. to 4 p.m. Sunday) or:

The Macquarie Bank is raising interest rates for home loan savers, which are raising concerns that the Big Four will succeed.

Macquarie Bank's move to raise interest rates for home owners has raised concerns that the Big Four will come. Macquarie Bank increases interest rates for credit by 0.1 per cent from 13 July and by 0.06 per cent for own-use credit with floating interest rates. A 0.1 percent rise will affect investments and self-managed floating interest rates sovereign funds lending.

The three-year interest rates for owner-occupier and investment credits will fall by 0.10 percent. House prices cuts in Sydney and Melbourne have led financial institutions to tighten their credit policies, RBA Governor Philip Lowe said last weekend. A further worsening of credit conditions by credit institutions is possible, although the median interest rates on mortgages payable have been falling for some while.