Following the recent decrease in official interest rates, the Board has determined to decrease the interest rate applying to Mortgage Loans to 6.50% pa effective 15th December 2011.This is the second rate reduction in as many months.

AWA Credit Union is committed to providing quality price competitive products and with the latest reduction included, we continue to achieve a margin of approximately 0.80% below the average Standard Variable Mortgage Loan Rate of the Major Banks.

All AWA Credit Union Mortgage Loans currently receive a 0.80% interest rebate (credited to the loan at the end of each calendar month). This reduces your effective rate to the rate shown above.