ING DIRECT will cut the interest rate on its variable mortgages by 0.25%, effective Tuesday 13 December.
ING DIRECT’s Mortgage Simplifier will be 6.62%.
ING DIRECT is the fifth largest home lender in the country.
Media contact:
David Breen
Head of Corporate Affairs
ING DIRECT
Ph: 0412 933 060
E: david.breen@ingdirect.com.au
About ING DIRECT
ING DIRECT began operating in Australia in 1999. By doing business online, over the phone and through intermediaries, ING DIRECT keeps it overheads low and passes the savings onto customers in the form of competitive rates. Today, it has grown to become Australia’s fifth largest retail bank, with $24 billion in deposits, more than $37 billion in loans and around 1.4 million customers.
Please note ING DIRECT is never abbreviated to ING.