Twelve of the lowest mortgage rates, fixed and variable, from 5.62%
Property Observer has scoured the most well-known mortgage comparison websites to determine the lowest variable rate home loan and one- and three-year fixed home loans currently available.
The following results are based on advertised mortgage rates listed by ratecity.com.au, Mozo.com.au and infochoice.com.au as of September 3:
Lowest variable rate offerings:
Provider | Loan name | Rate | Comparison rate* |
UBank (NAB) | UHomeloan Refinance | 5.62% | 5.62% |
Loans.com.au | Dream Catcher | 5.65% | 6% |
My Mortgage Freedom | Low Rate + | 5.66% | 5.97% |
Mortgage View | Mortgage View Pro Pack | 5.7% | 5.71% |
Lowest one-year fixed-rate offerings
Provider | Loan name | Rate | Comparison rate* |
My Mortgage Freedom | Residential fixed one year | 5.44% | 6.06 |
CUA | Residential fixed one year | 5.5% | 6.22% |
Newcastle Permanent | Residential fixed one year | 5.59% | 6.24% |
IMB | Platinum Residential fixed $200k+ | 5.64% | 6.58% |
Lowest three-year fixed-rate offerings
Provider | Loan name | Rate | Comparison rate* |
My Mortgage Freedom | My mortgage freedom. fixed rate | 5.44% | 6.06% |
Newcastle Permanent | Three-year fixed rate | 5.59% | 6.24% |
Resi Home Loans | FlexiFix 75 three-year | 5.69% | 5.94% |
Suncorp | My Home Package | 5.72% | 6.46% |
*A comparison rate includes both the interest rate and the fees and charges relating to a loan, combined into a single percentage figure.
For information on refinancing, watch our free webinar Refinancing and the Interest Rates Riddle