BOQ Lifts Interest Rates for Clear Path Variable Investor Loans
BOQ today announced it would increase rates for its Clear Path variable investor loans by 0.29 per cent per annum.
This increase is in line with increases made to the rest of BOQ’s variable investor loans in August 2015.
Interest rates remain unchanged for fixed term products and owner occupier home loans.
BOQ Group Executive for Retail Banking Matt Baxby said the decision was made to balance BOQ’s growth, risk and margins over the longer term.
The new rates will be effective from 1 February 2016.