ING drops its fixed rate to a new low!
01 Apr 2020
Last week, popular online bank, ING, slashed its Fixed Rate (Orange Advantage) home loan 2 year rate to an impressive 2.09% (3.77% comparison rate*).
This 2 year fixed rate is the joint lowest rate in Mozo’s database, excluding those only available for purchasing a 'green' home. Plus, ING’s 3 year fixed rate was also dropped to an extremely competitive 2.14% (3.62% comparison rate*).
At the beginning of the month, Mozo’s expert’s rated this fixed home loan as one of the best and presented ING with a 2020 Mozo Experts Choice Award in the Fixed Rate Home Loan category.
ING joins only two other mortgage lenders in Mozo’s database that offer a 2 year fixed rate this low: Reduce Home Loans and Well Home Loans.
Want to find out more about ING’s Fixed Rate (Orange Advantage) with its new shiny rate? Check it out below!
ING Fixed Rate Loan
2.09% 2 year fixed rate (3.77% comparison rate*)
2020 Mozo Experts Choice Award^ winner
Free extra repayments (up to $10,000 per year)
When it comes to low fixed rates, the award-winning ING Fixed Rate (Orange Advantage) home loan certainly has them. It comes with an impressively low 2.09% 2 year fixed rate (3.77% comparison rate*) and a competitive 2.14% 3 year fixed rate (3.62% comparison rate*). Plus, this loan took out a 2020 Mozo Experts Choice Award^ for best Fixed Rate Home Loan. And if you’re after more, ING charges no ongoing fees and borrowers can make free extra repayments (up to $10,000 per year). Just bear in mind, there is no redraw facility so you cannot access your additional contributions later on if you need to.
^See information about the Mozo Experts Choice Home loans Awards
^For the full list of winners check out 2020 Mozo Experts Choice Awards for Home Loans.
RELATED ARTICLE: Fixed rate cut frenzy! Why most lenders aren't slashing variable rates
Want to see how ING’s fixed rate home loan weighs up against the rest? Jump over to our home loan comparison table to check out offers from even more lenders.
