Home loan rate cut for owner occupiers

ING Direct announced its Orange Advantage three-year fixed interest rate home loan (including 0.10 per cent per annum discount) for owner-occupiers has been reduced to 3.98 per cent per annum, comparison rate 4.66 per cent.

The fixed interest rate discount of 0.10 percentage points applies to new ING Direct customers and existing owner-occupier Orange Advantage customers who apply to switch, split or increase a portion of their existing Orange Advantage home loan to a fixed rate loan.

Source: Mortgage Business