Citibank announces new variable rate

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Citibank has introduced a new product offering with a variable interest rate of 4.79% for loans over $500,000.

The rate applies for loans with a LVR less than 80%.

The offer will run until November 29, as long as the loans are settled by February 28, 2014.

The current 4.84% (5.19% comparison rate) offer will continue for loans between $150,000 and $500,000.

With interest rates at their lowest for more than 50 years, there are some great rates available. The best thing to do is to compare rates from all the lenders. Let us help take the leg work out of doing this - Compare Home Loans now

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