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Friday, 07 June 2019 15:30

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Hunter United will reduce interest rates

Hunter United will reduce interest rates across its variable home loans by up to 0.25%, and fixed rates by up to 0.41% following the Reserve Bank of Australia’s cut to the official cash rate earlier this week.

Reductions in interest rates will vary across Principal and Interest loans as well as Interest Only loans for both owner occupiers and investors – effective 14th June. 2019

We have passed on as much of the RBA’s official interest rate cut as we are able to at this time. Unlike some other financial institutions, we haven’t raised our variable home loan rates in recent months. This means our effective rate cuts may be the same or even better than some lenders who are claiming to have passed on the full RBA cut.

Hunter United’s rates remain very competitive and as a customer-owned financial institution we strive to offer consistently fair deals to all our customers by balancing the needs of depositors while also keeping rates low for our borrowers.

For more information, or to discuss ways to save on your home loan, please call us on 4941 3888 or visit a branch for a chat with our friendly team members.