And the cuts keep rolling in! Tic:Toc slashes variable and fixed mortgage rates

Online lender and Mozo Experts Choice Online Home Lender of the Year^, Tic:Toc, has continued to ride the rate cut wave today, as it dropped home loan rates again for new customers. 

Rates have been slashed across both variable and fixed rate home loans, with the variable rate as low as 2.99% (3.00% comparison*) for owner occupiers making principal and interest repayments.  

Since the first RBA decision in June, Tic:Toc has dropped its variable rates 3 times, you heard right 3 times! 

With the new cuts, that’s a total 0.48% drop in the last two and a half months.   

But Tic:Toc’s variable rate home loan isn’t the only loan showing off the new and improved 2.99% interest rate. 

For new borrowers, Tic:Toc made a massive 0.85% cut to the 3 year fixed rate, slashing it from 3.84% (3.92% comparison rate*) to the new 2.99% (3.07% comparison rate*), as well as cut its 1 year fixed rate by 0.40%. 

“It is an excellent time for first-time buyers to get into the market, with record low rates and falling property prices in most Australian capital cities,” Tic:Toc CEO, Anthony Braum said. 

“We hope the low-rate climate also spurs customers who have been putting off reviewing their home loan, to do so.” 

So if you’re a first-home buyer or feel like you need to make the switch from your current loan, meet both Tic:Toc’s variable and fixed home loans.

Tic:Toc - Variable Home Loan
  • 2.99% variable interest rate (3.00% comparison rate*)
  • 2019 Mozo Experts Choice Online Home Lender of the Year^
  • Optional offset account
Find out more

Now offering a competitive 2.99% (3.00% comparison rate*) for owner occupiers, the Tic:Toc Variable Home Loan has proven it's one to look out for. Coming from the Mozo Experts Choice Online Home Lender of the Year, this loan comes with handy features like flexible repayments and a complimentary redraw facility, as well as the option to set up an offset account. Not only that, home loan approval can take as little as 22 minutes from this online lender. So, there’s no doubt as to why the Variable Home Loan took home three 2019 Mozo Experts Choice Awards^ for best Low Cost Home Loan, Investor Home Loan and Offset Home Loan.

Tic:Toc - Fixed Home Loan
  • 2019 Mozo Experts Choice Online Lender of the Year^
  • 2.99% fixed interest rate for 1, 2, 3 years (up to 3.09% comparison rate*)
  • Optional offset account
Find out more

Tic:Toc now offer a low 2.99% (up to 3.09% comparison rate*) across its 1, 2 and 3 year fixed home loans. But that’s not the only attractive thing about this home loan!  Along with minimal fees, the Tic:Toc Fixed Home Loan comes with a bunch of features like the option to make extra repayments, a redraw facility and an optional offset facility. Crowned the 2019 Mozo Experts Choice Online Home Lender of the Year, Tic:Toc’s Fixed Home Loan picked up two 2019 Mozo Experts Choice Awards in the Fixed Rate Home Loan and Investor Fixed Home Loan categories, so it could be exactly what you need.

^Find out more about the 2019 Mozo Experts Choice Awards for Home Loans 

RELATED ARTICLE: Australia’s cheapest home loans of 2019 

Keen to see how Tic:Toc stack up against the rest? Head over to our home loan comparison table to weigh up lenders or have a read of the latest home loan news.

* WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

** Initial monthly repayment figures are estimates only, based on the advertised rate. You can change the loan amount and term in the input boxes at the top of this table. Rates, fees and charges and therefore the total cost of the loan may vary depending on your loan amount, loan term, and credit history. Actual repayments will depend on your individual circumstances and interest rate changes.

^See information about the Mozo Experts Choice Home Loan Awards

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