Newcastle Permanent Lifts Interest Rates On Home Loans By 0.25% Following RBA Announcement

xml:lang=”en” lang=”en” xmlns=”http://www.w3.org/1999/xhtml”>
Newcastle Permanent Lifts Interest Rates On Home Loans By 0.25% Following RBA Announcement
(PRWEB) November 4, 2010
The Hunterâs No. 1 home lender, Newcastle Permanent Building Society announced today that it will only be increasing its variable mortgage rates by 0.25% per annum, in line with the Reserve Bankâs latest increase in official interest rates.
The increase for variable rate home loans will be effective on Monday, 8 November 2010 with new repayments for existing borrowers to apply from January 2011.
Newcastle Permanent CEO Terry Millett said Newcastle Permanent, as a mutual organisation with no shareholders, is committed to providing its members with highly competitive home loans.
“We have helped more people in Newcastle and the Hunter with their home loan than any other financial institution in Australia, including all the major banks.”
âWe encourage anyone who is angry with their bank to vote with their feet and switch to Newcastle Permanent. When you have your home loan with Newcastle Permanent you not only get one of the best home loan interest rates, you are also helping us to support your local community, not shareholders.â
âAfter this latest increase our multi-award winning Real Deal home loan will be just 6.97% p.a. for both new and existing members.â
http://www.newcastlepermanent.com.au/
Media enquiries: Brett Lavaring
Mobile 0448 262 939
About Newcastle Permanent:
Mutual organisation owned by its members
96% member satisfaction (Source: AMR Interactive 2010)
Home Lender of the Year 2009, Australian Financial Review, Smart Investor Blue Ribbon Awards
Building Society of the Year 2008 and 2009, Australian Financial Review, Smart Investor Blue Ribbon Awards
Money Magazineâs Building Society of the year 2007 and 2008
12 CANSTAR CANNEX 5-star ratings including five for our two most popular, multi-award winning home loans Real Deal and Premium Plus
Most financially secure Building Society in Australia in terms of net assets and capital
More than $ 6.8 billion in assets
Has been providing financial services to its members for over 105 years. Products include:
-Personal investment and transaction accounts
-Home loans and personal lending products
-Business services
-Insurance and travel products
-Financial planning
Newcastle Permanent Building Society is committed to the Newcastle Permanent Charitable Foundation, which provides vital financial support for local charities and community not-for-profit organisations.
# # #
©Copyright 1997-2010, Vocus PRW Holdings, LLC.
Vocus, PRWeb and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
| Print article | This entry was posted by All4U on December 2, 2010 at 9:48 am, and is filed under Home Business. Follow any responses to this post through RSS 2.0. You can leave a response or trackback from your own site. |
