RBA's February Rate Cut

[Nards]

Hi Nards,

How do you get the 4.94% with CBA?

I will be on 5.04% with the Wealth Package.

Thanks.

Hehe - no idea really! We have the Mortgage Advantage package, and includes a discount for loan size (2 IPs + LOC), cant remember the figure exactly - 0.8% maybe? Either way, I'm not complaining

Nadia

 

[BoatBoy]

Members Equity just made their announcement, a lousy .75% off

Bunch of tightwads

9 February 2009
Members Equity Bank cuts interest rates by 75 basis points to its home loan customers

Members Equity Bank today announced it would cut the variable interest rate on its Standard Variable Home Loans by 75 basis points. The reduced rate will be effective from the 15th of February 2009.

Still, better than a poke in the eye

Dave

 

[archangelAU]

Yeah not very happy with Members Equity. I thought credit unions were meant to have cheaper rates. ME just seem to drag it out and then a lazy 75bps plus added a few more days before it takes effect. Pretty poor when everyone knew that a fairly big cut would be coming for some time....

 

[buzzlightyear]

Macquarie Bank Rate Cuts - 1% Reduction

Just spoken with the customer centre at Macquarie and they had indicated at least for my loan product (MM One), IR would be reducing by 1% effective February 20th.

 

[Rixter]

Any know what RHG will be passing on?

 

[Ms Jade]

Just spoken with the customer centre at Macquarie and they had indicated at least for my loan product (MM One), IR would be reducing by 1% effective February 20th.

Wow, that is good news; thanks!

 

[Thann]

TIO have finally made their announcement, passing on the full 1% effective 13/2.

 

[BoatBoy]

TIO

Telephone Industry Ombudsman ?

Dave

 

[santaslayer]

Telephone Industry Ombudsman ?

Dave

No, I think he means

Page:
http://www.tiofi.com.au/wps/wcm/connect/tio/website/Home/

 

[Thann]

No, I think he means

Page:
http://www.tiofi.com.au/wps/wcm/connect/tio/website/Home/

Yeah