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ING, Gateway Bank cut investor rates | Your Investment Property

ING, Gateway Bank cut investor rates | Your Investment Property
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ING crowned Australia s Best Bank for a third consecutive year

ING crowned Australia’s Best Bank for a third consecutive year ING crowned Australia’s Best Bank for a third consecutive year Thursday, 17 June 2021 ING has done it again, taking home the revered title of Australia’s Best Bank in the Mozo Experts Choice Best Banking Awards for the third year in a row. This hat trick is a testament to the bank’s offerings across the spectrum of financial products, many of which have won separate Mozo awards over the last year. To determine which financial institutions are awarded Australia’s Best Banking titles, Mozo’s Expert Judges look for the absolute top performers in the banking world providing the best value and service to customers.

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June home loan snapshot: Bendigo, Citi and Macquarie lower variable rates

Australian mortgage lenders are continuing to chop and change home loan rates at a steady pace, with some lenders passing on considerable variable rate cuts of late.

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ING lifts high-LVR mortgage rates

ING lifts high-LVR mortgage rates ING lifts high-LVR mortgage rates 05 February 2021 6:19AM ING Australia has added 11 basis points to the interest rate on owner occupier mortgages with loan-to-valuation ratios above 90 per cent. The rate rises from 2.94 per cent to 3.05 per cent for high-LVR borrowers with an Orange Advantage loan and from 2.89 per cent to 3 per cent for borrowers with a Mortgage Simplifier loan. Canstar finance expert Steve Mickenbecker said more lenders were pricing for risk. Mickenbecker said that so far this year Adelaide Bank, Credit Union SA, Freedom Lend, Homestar Finance, Newcastle Permanent, People’s Choice Credit Union and QBank have also increased rates for some groups of borrowers.

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