NAB Broker increases rates by 29 bp | Heritage introduces new home loan package
NAB Broker increases rates by 29 bp | Heritage introduces new home loan package
MPA Lender Update is your same-day product information service, bringing together updates from all lenders
RATES
• No changes today
COMMISSIONS
• No changes today
+ Read today's Morning Briefing here
MPA Lender Update is your same-day product information service, bringing together updates from all lenders
RATES
- NAB increases Interest Only (Investor and Owner Occupier) home loans and Line of Credit facilities by 29bps, effective 10 August 2015 for new customers.
- NAB increases Interest Only fixed rates by 29bps, effective 10 August 2015 for new customers.
- NAB increases existing variable rate loans with Interest Only repayments by 29bps for the duration of the Interest Only period, effective from 10 September 2015.
- NAB's existing interest only applications impacted by the recent increase to investor pricing will be adjusted accordingly to reflect a total 29bps increase.
- Heritage has introduced the Home Advantage Package enabling customers to package their standard variable, fixed rate or living equity loan together with a credit card and transaction account.
• No application fee, monthly fees, redraw or switching fees for home loans
• Discounted variable interest rates
• No annual fee on a Heritage credit card account
• A free transaction account with free Heritage EFTPOS and Network ATM transactions, and no monthly account fee
• No application fees on Personal Loans
• Unlimited multiple loans may be included in the package
• No up-front application fees on further advances or Living Equity line of credit limit increases
• Discounts on insurance premiums
• $350 annual package fee
POLICY• No changes today
COMMISSIONS
• No changes today
+ Read today's Morning Briefing here
