Resi Mortgage Corporation Pty Ltd (RESI) has agreed to change its online home loan advertising following ASIC concerns the ads failed to adequately disclose the comparison rate on its home loans. The National Consumer Credit Protection Act 2009 (National Credit Act) requires any advertising of loan interest rates to include a 'comparison rate' in equal prominence. The comparison rate is a single figure that includes both the interest cost and the other major fees and charges for a loan, making it easier for consumers to shop around and compare loans.  ASIC was concerned that the ad’s comparison rate wasn’t prominent enough and although the required statutory warning about the accuracy of the comparison rate was given, there was no clear reference to that warning.  In a separate part of the website RESI included a table of other home loan products together with their interest rates but did not include any comparison rates.