GREEDY BANKS INCREASE INVESTOR RATES
ANZ and CBA have today announced they will increase new and existing investor loans by 0.27% on 10th August 2015. The rationale is to slow down the investor market. This would make some sense if the increase was limited to new loans but increasing the rates of existing loans is, in our opinion, a blatant pocket lining and profit increasing exercise. If you need us to look at your investor loan to come up with some better options give us a call.