Home Loan


When was the last time you checked your Home Loans and Residential Investment Finance loan rates? With rates at their lowest levels in recent history, now may be the time to fix your Interest rate on your loan.

Did you realise a one per cent increase in your Interest rate, on a $300,000 loan, equates to an increase in your monthly interest repayments and therefore the bank taking an extra $250 a month from your pay. Can you afford to be exposed to this risk?

If not, Geelong’s Finance Specialists at The Hrkac Group can assist you with reviewing your fixed rate options.

This could include switching to the National Australia Bank (NAB) for following fixed rate options, or any of our other 20+ lenders offering similar rates.

NAB announced on Monday 3rd March 2014 that the bank had cut two-year fixed rates from 4.89 per cent to 4.84 per cent, three-year fixed rates from 5.13 per cent to 5.06 per cent and five year fixed rates from 5.79 to 5.69 per cent.

According to NAB, the two-year fixed rate is now the lowest it has been in more than 20 years.

NAB’s group executive for personal banking, Gavin Slater, said the bank was a market leader when it came to rates.

“NAB is committed to driving competition in the banking industry and providing our customers with the best products and great service because what’s good for our customers is good for our business,” he said.

“We have seen increased demand for fixed-rate home loans in the past 12 months, so we know many homeowners are looking for certainty, whether they are investors or first home buyers, and NAB is offering that through these market-leading fixed home loan rates.”

Please contact one of The Hrkac Group Geelong Finance specialists today via Contact Us, email or phone 03 5224 2366.