Twelve of the lowest mortgage rates, fixed and variable, from 5.62%

Twelve of the lowest mortgage rates, fixed and variable, from 5.62%
Cassidy KnowltonSeptember 3, 2012

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.auMozo.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

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