Interest Rates: Lender Responses

In the wake of the Reserve Banks decision last week, many lenders have adjusted their interest rates.

Here's an update as of the 10th of May:

ANZ

Rate Reduction: 0.19%

Effect Date: 13/05/2016

CBA

Rate Reduction: 0.25%

Effect Date: 20/05/2016

NAB

Rate Reduction: 0.25%

Effect Date: 16/05/2016

Westpac

Rate Reduction: 0.25%

Effect Date: 23/05/2016

St George

Rate Reduction: 0.25%

Effect Date: 23/05/2016

ING Direct

Rate Reduction: 0.25%

Effect Date: 20/05/2016

AMP

Rate Reduction: 0.20%

Effect Date: 23/05/2016

Bankwest

Rate Reduction: 0.20%

Effect Date: 20/05/2016

ME Bank

Rate Reduction: 0.05%

Effect Date: 16/05/2016

Not happy with your lender? Many providers are still offering refinance cash backs, get a quote today!