Wholesale funder Advantedge has announced fixed rate reductions, introducing four fixed rate terms under 4%.
Effective this week, loans with a fixed rate term of four years have been cut by 60 basis points, one and three-year fixed rate loans have been cut by 15 basis points and the two-year fixed rate loan has been trimmed by 4 basis points.
Advantedge general manager, Brett Halliwell
, said the move reinforced the lender’s commitment to equip aggregators and brokers with competitive products to “stand out” in the heated home loan market.
“With four fixed rate terms under 4%, Advantedge is clearly delivering sharp-rates to our aggregator and broker partners.
“Our white-label products have always been simple, high-value and flexible – and these offers further demonstrate our competitiveness.”