Login
ISCOVER
One non-major bank has introduced new LVR tiers, effective immediately.
Macquarie Bank announced a maximum LVR of 95 per cent, including capitalised LMI.
To continue reading the rest of this article, please log in.
Looking for more benefits? Become a Premium Member.
Create free account to get unlimited news articles and more!
Looking for more benefits? Become a Premium Member.
Standard variable rate products have a 0.10 per cent premium for home loans greater than 90 per cent LVR.
Macquarie had not responded to The Adviser's request for comment by publication deadline.
The change comes a fortnight after Macquarie announced new discount rates for home loans of up to 70 per cent LVR.
Macquarie’s fixed rates, as of March 31, are 4.79 per cent for one year, 4.89 per cent for two years, 5.29 per cent for three years, 5.69 per cent for four years and 5.89 per cent for five years.
Flyer Home Loan fixed rates are 4.84 per cent for one year, 4.94 per cent for two years, 5.34 per cent for three years, 5.74 per cent for four years and 5.94 per cent for five years.
