Aussie cut rates to 7.65%

November 10, 2008 · Filed Under Interest Rates 

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Aussie Home Loans have again trumped the major banks by dropping their rate by 0.40% in addition to the cut of 0.50% last week that takes standard variable rate to 7.65%.

John Symonds also unveiled the basic variable rate loan that is below 7% at 6.99%.  John Symonds proclaimed the cut as a win for consumers as rates are now on offer below 7%.

The Aussie Home Loans rate changes come into effect from 10 November.

Read the full Media Statement on the Aussie Home Loans site.

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