20th March 2008

Interest Rate Update

Following the Reserve Bank of Australia ("RBA") decision to increase official interest rates by 0.25%p.a. on the 5th of March 2008, La Trobe has made the following changes to its rates. The decision by the RBA marks the twelfth consecutive increase of 0.25%p.a. (a 3% cumulative change) in official rates since May 2002, and the fourth increase since August 2007.

Housing Loans - Full Doc

Product Rate

Residential Comparison Rate

Construction Comparison Rate

Disc Variable 6 months 7.49 9.60 9.60
Disc Variable 12 months 8.49 9.60 9.60
Variable 9.54 9.71 9.71
1 Year Fixed 9.22 9.68 9.68
2 Year Fixed 9.34 9.67 9.67
3 Year Fixed 9.34 9.65 9.65
4 Year Fixed 9.44 9.67 9.67
5 Year Fixed 9.44 9.66 9.66


Housing Loans - Lite Doc

Product Rate

Residential Comparison Rate

Construction Comparison Rate

Variable 9.90 10.16 10.16
1 Year Fixed 9.72 10.13 10.13
2 Year Fixed 9.84 10.14 10.14
3 Year Fixed 9.84 10.14 10.14
4 Year Fixed 9.94 10.17 10.17
5 Year Fixed 9.94 10.18 10.18


Diminished Credit

Product Rate

Residential Comparison Rate

Construction Comparison Rate

Variable 11.15 11.45 11.45
1 Year Fixed 10.90 11.42 11.42
2 Year Fixed 11.04 11.42 11.42
3 Year Fixed 11.04 11.41 11.41
4 Year Fixed 11.19 11.47 11.47
5 Year Fixed 11.19 11.47 11.47


Commercial & Non-Conforming

Product Rate

Residential Comparison Rate

Construction Comparison Rate

Variable from 10.40 n/a n/a
1 Year Fixed from 10.65 n/a n/a
2 Year Fixed from 10.85 n/a n/a


Second Mortgages

Product Rate

Residential Comparison Rate

Construction Comparison Rate

Variable from 14.15 from 14.60 from 14.60
1 Year Fixed from 16.40 from 14.95 from 14.95

To see the complete La Trobe product offering, please refer to our website by using the Loan Products link at the top of the page.

Interest rates current as at 07 March 2008 and are shown as % per annum. The comparison rates above are based on a loan of $150,000 for 25 years. All comparison rates are for secured loans. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate schedule is available on the La Trobe website or at our offices.


Best regards
Iain Pepper




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Iain Pepper
Head of Lending

Iain Pepper is a Vice-President and the Head of Lending for the La Trobe Group.Read full profile here.








La Trobe is one of Australia's leading independent specialist mortgage Financiers. Its business includes residential mortgages, commercial mortgages, and investment services operating one of Australia's largest Mortgage Funds under AFSL 222213. It employs over 145 staff and has raised over AUD$10Billion to assist over 100,000 customers since inception in 1952.

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IMPORTANT: This message, together with the La Trobe Financial website (www.latrobefinancial.com.au) and all its contents have been prepared for general information only and should not be taken as legal or financial advice, and as such the specific needs, investment objectives or financial situation of any particular user have not been taken into consideration. Individuals should therefore talk with their financial planner or advisor before acting on any information present on this message or the La Trobe website. La Trobe Financial Asset Management Limited ABN: 27 007 332 363 and AFSL No: 222213 is the issuer and manager of the La Trobe Australian Mortgage Fund. It is important for you to read the Product Disclosure Statement for the Fund before you make any investment decision. You can get a copy of the PDS by calling 1800 818 818. You should consider carefully whether or not investing in the Fund is appropriate for you. (1) The rates of return from the Fund are not guaranteed and are determined by future revenue of the Fund, and may achieve lower than expected returns. Investors risk losing some or all of their principal investment. (2) The rating report is available on the La Trobe website or upon request. The rating is only one factor to be taken into account in deciding to invest. (3) Withdrawal rights are subject to liquidity and may be delayed or suspended. (4) Rates (where shown) are indicative and for information purposes only and must be confirmed by your La Trobe loan manager upon formal application. Rates are subject to change. Please refer to http://www.latrobefinancial.com.au for full comparison rate schedule