Fixed home loan rates being trimmed: Mozo
Research from comparison website Mozo.com.au has found home loan fixed interest rates are being cut, especially for four and five year rates.
Large second-tier institutions, according to the Mozo Banking Insights Bulletin, have begun to increase three year rates.
The July report noted many more lenders were implementing recent investment lending legal changes.
Rank | Provider | Product | Amount | Max LVR | Rate |
1 | Mortgage House | Pure & Simple ULTRA Variable Home Loan (Owner Occupier) | $100000 to $500000 | 50% | 3.89 |
2 | Homestar | Basic Refinance Loan (Principal & Interest, Owner Occupier) | $50000 to $500000 | 70% | 3.94 |
3 | Freedomlend | Variable Home Loan (Owner Occupier) | $50000 to $1000000 | 80% | 3.98 |
4 | Homestar | Variable Rate Loan (Owner Occupier) | $50000 to $1000000 | 95% | 3.98 |
5 | Auswide Bank | Home Loan Plus Special (Principal & Interest) (Freedom Package) | $150000 to $3500000 | 90% | 3.99 |
6 | Easy Street | Basic Variable Home Loan | From $100000 | 80% | 3.99 |
7 | iMortgage | Fusion (Owner Occupier) (ProPack) | $500000 to $2000000 | 80% | 3.99 |
8 | Mortgage House | Pure & Simple Variable Home Loan (Owner Occupier) | $100000 to $500000 | 80% | 3.99 |
9 | State Custodians | Peak Performance Offset | $500000 to $1500000 | 80% | 3.99 |
10 | loans.com.au | Dream Home Loan Essentials | $50000 to $750000 | 80% | 4.02 |
11 | Mortgage View | Variable Rate Super Special | $150000 to $1500000 | 75% | 4.02 |
12 | iMortgage | Essential Home Loan | $50000 to $750000 | 80% | 4.04 |
13 | loans.com.au | Dream Home Loan Offset Variable | $50000 to $2000000 | 80% | 4.06 |
14 | Yellow Brick Road | Rate Smasher | $100000 to $750000 | 70% | 4.06
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