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Hunter United not increasing rate on some loans

In response to the RBA’s latest 0.25% increase to the official cash rate, Hunter United will hold the current interest rates on its Packaged and Basic home loans with balances over $250,000.

This important decision represents a substantial saving in interest repayments to members over the next 12 months (e.g. savings of $588 per year on a $300,000 mortgage).

Interest rates on other variable home loan products (incl. Packaged and Basic home loans under $250,000) will increase by 0.25%p.a. to match the RBA’s official rate increase.

The new home loan rates will be effective for existing and new members from 9 April 2010.

If you would like more information about these interest rate changes please call us on 4941 3888 or visit your nearest branch.