ING has just announced reductions in fixed interest rates for both one and two-year terms. From 19 December 2008 one and two-year terms will be 5.79%.
This could be a sign that money markets are finally beginning to thaw with an easing up of credit, meaning that things might start to move along a little faster from now on.
The cheapest home loan that ING has to offer at the moment is the Mortgage Simplifer With a carded rate of just 6.19%.
All of this news means that ING is firmly at the top of the list as lender of choice for most people, particularly new home buyers. It looks like it’s never been better to get back into the property market.
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