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Mortgage Ezy yesterday announced a reduction in rates on its recently released Special Discount 6 Month Variable Loan to an introductory rate of 5.59 per cent.
Following the initial six month introductory term the loan will revert to a discounted variable rate of 7.19 per cent.
The cut reflects growing broker confidence in favour of mortgage managers over the September quarter, Mortgage Ezy’s general manager Garry Discroll said.
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“Traditional bank aligned brokers are now sending a higher percentage of their business to Mortgage Ezy because we are able to provide a very similar solution to the majors [banks] but on a more flexible commission rates,” he said.
Published: 12-11-08
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