Text Size text size decrease text size increase

RBA Backs Rate Cut Winner

Written by Claudia York

Attention: open in a new window. Print

Hunter United reduces mortgage rates.

In response to the Reserve Bank's (RBA) decision to reduce the target cash rate, Hunter United is pleased to announce a reduction to its mortgage interest rates.

The Hunter United 2 Year Fixed Rate home loan will be reduced to 6.39% p.a. effective from Friday 4 November. The Hunter United Basic Variable home loan will come down to 6.75% on a $250,000 loan effective 30 November. This Basic Variable Mortgage reduction represents a monthly saving of $42 to borrowers with a $250,000 loan.

Hunter United’s Managing Director, John Ford, said “he welcomed the RBA’s decision to drop the target cash rate. The local economy will benefit from lower interest rates, especially the non-resource sector”.

For details on Hunter United’s competitive home loan rates click here.

Comments

Name *
Code   
Submit Comment