AMP Bank has reduced its interest rates for new and existing customers across all variable rate home loans by 35 basis points.
The AMP standard variable home loan interest rate will be reduced to 7.07 per cent per annum.
The new AMP Essential Home Loan will be reduced to 6.10 per cent per annum.
The changes come into effect from Friday 18 May for new customers and Monday 21 May for existing customers.
AMP Bank customers can visit www.amp.com.au/banking or call 13 30 30 for further information