WA Super News
New market leading 3 year fixed rate for WA Local Super Members
ME Bank has further reduced it’s 3-year fixed Super Members Home Loan (SMHL) Standard Home Loan rate to 4.99% p.a. (comparison rate 5.66% p.a.).
This is currently the lowest 3-year fixed home loan rate in the market and the lowest ME Bank has ever offered.
This offer is based on limited funding and will therefore be available for a limited time only.
Benefits for members
With rates at 30-year lows and signs global economies are improving, there is limited scope for the Reserve Bank of Australia to make further rate reductions. Therefore fixed rates, which are usually a good indicator of the future cash rate, are unlikely to fall much lower, making this a great time for your members to consider fixing part or all of their home loans.
A fixed rate also provides customers with certainty and the confidence to plan ahead, knowing the exact value of their mortgage repayments.
If you would like to know more, please contact Scott Bell from ME Bank on 0407 485 579.
*Comparison rate based on a loan of $150,000 for a term of 25 years. Interest rates current as at 20/02/13. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. A list of eligible super funds and unions can be found at mebank.com.au. A list of eligible super funds and unions can be found at mebank.com.au. Terms and conditions are available on request. Fees and charges apply. Applications are subject to credit approval. Members Equity Bank Pty Ltd ABN 56 070 887 679 Australian Credit Licence 229500.