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Major Bank Rate Hike for Investors

July 27, 2015 in Insider Tips, Latest News, Rate Rises by admin  |  Comments Off on Major Bank Rate Hike for Investors

CBAThe Commonwealth Bank is penalising Investors by charging higher interest rates of up to 0.40% p.a. for Investment Property Loans.

These rate increases do not apply to Owner Occupied Home Loans and has sent a clear message by the CBA to investors to “Take Your Business¬†Elsewhere” if you wish to achieve a competitive interest rate for your Investment Property Loan.

Fortunately for Investors there are many alternative Banks & Non-Bank Lenders with low interest rates who are more than keen to welcome investors as new clients.

If you have a Commonwealth Bank Investment Loan & would like to know more click on “CONTACT US” or talk to our Mortgage Specialists on ph: 0755274744

Posted in Insider Tips, Latest News, Rate Rises.