Mortgage News February 26, 2020
Fixed Rate Reductions

There have been a few fixed rate reductions this week from Commonwealth Bank, Homeloans and Homeside Lending.


On 23rd July, Commonwealth Bank reduced their five year fixed rate by 0.70% p.a.

On 25th July, Homeside Lending, NAB and ANZ reduced their three, four and five year fixed rates, whereas Homeloans and Firstmac reduced two and three year fixed rates.

Check out the new rates in iLend™.

Lender

Product

Initial Rate

+/-

Commonwealth Bank

5 Year Fixed

5.14%

-0.70%

Commonwealth Bank

5 Year Fixed Mortgage Advantage

4.99%

-0.70%

Commonwealth Bank

Low Doc 5 Year Fixed

5.14%

-0.70%

ANZ

3 Year Fixed

5.09%

-0.11%

ANZ

3 Year Fixed Breakfree Package

4.94%

-0.11%

ANZ

4 Year Fixed

5.64%

-0.15%

ANZ

4 Year Fixed Breakfree Package

5.49%

-0.15%

ANZ

5 Year Fixed

5.64%

-0.30%

ANZ

5 Year Fixed Breakfree Package

5.49%

-0.30%

ANZ

Lo Doc 3 Year Fixed

5.09%

-0.11%

ANZ

Lo Doc 3 Year Fixed Breakfree Package

4.94%

-0.11%

ANZ

Lo Doc 4 Year Fixed

5.64%

-0.15%

ANZ

Lo Doc 4 Year Fixed Breakfree Package

5.49%

-0.15%

ANZ

Lo Doc 5 Year Fixed

5.64%

-0.30%

ANZ

Lo Doc 5 Year Fixed Breakfree Package

5.49%

-0.30%

Firstmac

2 Year Fixed

4.87%

-0.23%

Firstmac

3 Year Fixed

4.99%

-0.41%

Firstmac

VIP Package 2 Year Fixed

4.77%

-0.23%

Firstmac

VIP Package 3 Year Fixed

4.89%

-0.41%

Homeloans Ltd

Homeloans MoniPower 2 Year Fixed

4.86%

-0.18%

Homeloans Ltd

Homeloans MoniPower 3 Year Fixed

4.86%

-0.18%

Homeside Lending

HomePlus 3 Year Fixed

4.94%

-0.11%

Homeside Lending

HomePlus 4 Year Fixed

4.99%

-0.45%

Homeside Lending

HomePlus 5 Year Fixed

4.99%

-0.70%

Homeside Lending

Lo Doc HomePlus 3 Year Fixed

4.94%

-0.11%

Homeside Lending

Lo Doc HomePlus 4 Year Fixed

4.99%

-0.45%

Homeside Lending

Lo Doc HomePlus 5 Year Fixed

4.99%

-0.70%

NAB

3 Year Fixed

5.04%

-0.11%

NAB

3 Year Fixed Choice

4.94%

-0.11%

NAB

3 Year Fixed Choice I/O

5.04%

-0.11%

NAB

3 Year Fixed Interest Only

5.14%

-0.11%

NAB

4 Year Fixed

5.09%

-0.45%

NAB

4 Year Fixed Choice

4.99%

-0.45%

NAB

4 Year Fixed Choice I/O

5.09%

-0.45%

NAB

4 Year Fixed Interest Only

5.19%

-0.45%

NAB

5 Year Fixed

5.09%

-0.70%

NAB

5 Year Fixed Choice

4.99%

-0.70%

NAB

5 Year Fixed Choice I/O

5.09%

-0.70%

NAB

5 Year Fixed Interest Only

5.19%

-0.70%

 


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