ING DIRECT has introduced its lowest ever variable rate of 3.79% p.a. on its Orange Advantage loan for owner occupiers. This new rate is a reduction of 0.15% p.a. off the current rate and is effective from Monday 25 July for Orange Advantage formal approvals with a minimum LVR of 80%.
The bank is also introducing changes across its range of fixed rate residential owner occupier loans, with a rate of 3.69% p.a. available for a three-year fixed term when taken as part of a split package with an Orange Advantage loan.
Further evidence momentum enabled by the shape of the yield curve, which we discussed recently.
