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Taking advantage of the National's low home loan interest rates is a strong option for Australians wanting to pay off their home loans and use the equity in their homes to create wealth, said the National's General Manager of Personal Financial Services, Mr Peter Flavel. "With the spring home loan season now upon us, the National's offer of 4.49% p.a. fixed for six months, cut from 4.99%, provides great opportunities. Those who may want to take advantage of this rate include those looking to get into the homeowner market for the first time and those thinking about refinancing," said Mr Flavel. "This low introductory rate is very competitive. "The trend among younger homeowners to pay off their home loan earlier helps them free up finances for other wealth creation strategies. The National can help customers pay off their loan sooner and minimise bank fees and interest repayments along the way. "At the National we make sure each home loan suits the individual needs of our customers. We help customers reduce both the time and the money required to pay off their loan," Mr Flavel added. Customers wishing to find out more about a National home loan should call 13 13 12. *Minimum borrowing requirement is $10,000. Rate effective 2 September 2002. Limited time only. Rate reverts to standard variable home loan, currently 6.56%. Offer applies to new applicants of the National Tailored Home Loan Package only. Normal lending criteria applies.
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