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AMP Bank Ltd to lower interest rates on its entry level home loan products after hiking mortgage rates earlier this month…
- March 22, 2010
- Posted by: admin
- Category: Finance News
No CommentsAMP Bank dropped the interest rate on its basic variable home loan by 22 basis points to 6.27 per cent, and cut the rate on its introductory variable mortgage by 45 basis points to 5.94 per cent. The introductory variable home loan rate applies for only one year and will revert to AMP’s professional pack
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AMP drops home loan interest rates
- February 17, 2010
- Posted by: admin
- Category: Finance News
In a bid to remain competitive in the mortgage sphere, second tier lender AMP has announced it will cut its basic home loan mortgage rate. According to a report in The Daily Telegraph, AMP will drop its basic home loan mortgage rate for new homebuyers by ten percentage points to 6.24 per cent. While AMP’s