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Wide Bay Australia has called on borrowers to switch after unveiling temporary discounts of between 0.89 and 1.14 per cent.
The discounts apply to the variable Freedom Package, which now begins at 4.79 per cent. The special offer will run until at least November 15, when it will be reviewed.
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The 4.79 per cent rate applies to loans above $500,000 and includes a discount of 1.14 per cent.
Loans between $250,000 and $500,000 have fallen to 4.84 per cent following a 1.09 per cent discount.
There has also been an 89-point cut to loans between $150,000 and $250,000, which are now priced at 5.04 per cent.
Managing director Martin Barrett said this is a great time for borrowers to consider switching existing home loans to Wide Bay.
“While our new home loan discounts vary according to the amount borrowed, some of new Wide Bay borrowers will receive up to a whopping 1.14 per cent off our standard variable home loan rate,” he said.
“Other fantastic benefits such as a fee-free banking and insurance and credit card discounts are also on offer with the Freedom Package.”
[Related: Wide Bay promises better back-end support]
