Several lenders in Australia have reduced their fixed rates this week with changes ranging up to 0.80% p.a. Read the quick summary below or check out all the new rates iLend™.

Lenders rate changes:

• AMP reduced their two and three year fixed rates by up to 0.24% p.a.
• Citibank reduced their two, three and five year fixed rates by up to 0.40% p.a.
• Homeloans Ltd reduced their two, three, four and five year fixed rates by up to 0.60% p.a, and reduced their Optima variable rates by 0.05% p.a.
• Macquarie Bank reduced their one to five year fixed rates by up to 0.50% p.a., and reduced their variable rates by 0.05% p.a.
• ME Bank reduced their five year fixed rates by 0.45% p.a.
• St George, Bank of Melbourne and Bank of SA reduced their three, four and five year fixed rates by up to 0.70% p.a.
• Suncorp reduced their five year fixed rates by 0.66% p.a.
• Westpac reduced their three, four and five year fixed rates by up to 0.80% p.a.