Mortgage House of Australia launches Carpe Diem

Mortgage House of Australia has released a new home loan called Carpe Diem.

This exotically-titled loan includes an introductory discount interest rate of 5.99% available for 6 months after which it reverts to a variable rate of 7.99%.

Managing Director of Mortgage House of Australia, Mr Ken Sayer says the product is designed to help Australian banking consumers ‘seize the day’ and should appeal to a ‘vast cross section of the community’.

Other product features include no on-going fees, redraw facility (minimum $2,000), option to fix at no charge and 100% offset.

It is available to both owner-occupiers and investors.

Further details : Mortgage House of Australia, 02 9890 3000.