Heritage Bank cutting rates for investors

Alex RitchieJan 31, 2019( 1 min read )

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Finally some good news for investors; Heritage Bank is decreasing some of its investment home loan rates by up to 32 basis points as of 1 February 2019.

These changes include:

Decrease to Investment Principal & Interest and Interest Only Home Advantage interest rates (all tiers) by up to 22 basis points;
Decrease to Investment Principal & Interest and Interest Only Discount Variable (all tiers) by up to 32 basis points;
Decrease to Investment Interest Only 1-year fixed interest rate by 15 basis points;
Decrease to Investment Interest Only 2-year fixed interest rate by 15 basis points.

This announcement comes one week after big four bank, NAB, lifted its rates by 0.12 per cent for owner occupiers paying principal and interest, and 0.16 per cent for investors and interest only customers.

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Heritage Bank cutting rates for investors

Related news

Bankwest cuts fixed mortgage rates a second time in two months

Lenders adjusting mortgage rates

Bendigo Bank and Credit Union SA cut mortgage rates

Westpac slashes fixed rates, pouring more fuel on the fixed rate fire sale

Share this article

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Rate Chaser Ezy Prime (New Customer)

Advantage Home Loan (LVR < 90%) (PAYG - Essentials)

Activate Prime Full Doc Home Loan (LVR 75%-80%)

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