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ANZ says we have options for mortgage stress

17/07/2012

ANZ CEO Australia Philip Chronican said: “We know that many Australians are feeling uncertain about the global economy and with household budgets under increased pressure this was another factor in our decision this month [to hold interest rates steady].”

ANZ has options available to help customers concerned about interest rates manage their repayments. These include extending loan terms or switching to a fixed rate loan to provide greater certainty on future repayments, or to an ANZ Simplicity PLUS home loan, with fewer features at a lower interest rate.

Source: ANZ



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*Comparison rates shown are based on a home loan of $150,000 for 25 years. 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.
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