ANZ Home Loans

ANZ Home Loans

ANZ, one of the Big Four home lenders in Australia, recently lowered their standard variable rate for home loans.  When the Reserve Bank cut official interest rates by 25 basis points at the last meeting, ANZ passed on a cut of 10 basis points to home owners.

ANZ offer a range of home loans to consumers, although due to the global economic crisis, most lenders have tightened their lending criteria and some products have been withdrawn from the market.  Home loans such as no deposit or 100% home loans are less common.  ANZ now only offer up to 95 per cent of the value of a property, requiring borrowers to save at least a 5% deposit.

If you are thinking of applying for a home loan and you would like to compare ANZ with other lenders, talk to a local mortgage broker who can help you quickly compare and assess your options for your housing loan.

Call us and we will put you in touch with a local mortgage broker today.  Our number is , and we have trained and qualified brokers ready to answer your questions.

 

With interest rates coming down, now is the time to speak to a mortgage broker. We know which banks are dropping rates and who is raising.

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