National Australia Bank cuts three year fixed home loan rate - 16 September 2005

Friday, 16 September 2005

From Monday 19 September, National Australia Bank (NAB) will introduce a special three-year fixed home loan rate of 6.47 per cent.

General Manager Mortgages at NAB, Mr Warren Shaw, said the bank prided itself on having competitive rates and making home loans more affordable.

"This is a competitive market and we want to make sure that our home loans are top of mind.  This interest rate of 6.47% is one of the lowest three-year fixed rates in the market," Mr Shaw said.

Until 4 November, NAB is also promoting the Home Loan Triple Saver campaign.  This campaign offers a base variable rate home loan with no application fee or monthly fees, a Visa Gold credit card and Smart Access bank account with substantial savings on a range of fees and charges on all three products.  The Home Loan Triple Saver is for new home loans of $200,000 or more.

Customers who take up NAB's Home Loan Triple Saver go into the draw to win one of twenty Melbourne 2006 Commonwealth Games prize packages, each valued at $5,500.

For more information about NAB Home Loans, call 13 13 12 between 8am and 9pm EST, Monday to Friday or visit www.nab.com.au

For further information, please contact:
Mikala Sabin,
Corporate Affairs,
National Australia Bank
Phone: 03 8634 1572
Mobile: 0404 863 976

* The information contained in this media release is for media advice purposes only. The contents are true and correct at time of publishing/issuing, however may change over time. For further information about NAB products or rates, please go to Interest Rates, Fees & Charges