Borrowers race to fix below 4.00%
Kelly Emmerton | 06 Aug 2018
As lenders slash fixed rates left, right and centre, borrowers are racing to lock in a great home loan deal while they last.
In the past month, 14 lenders in Mozo’s database have reduced fixed rates by an average of 0.16%. On the other hand, variable rates have been steadily climbing, making a fixed rate offer all the more attractive for frugal Aussie borrowers.
“If you’ve been thinking about locking your mortgage rate in, now could be the perfect time to take the plunge while lenders are enticing borrowers with lower and lower fixed rates,” says Mozo Director Kirsty Lamont.
There are currently 184 fixed rate offers under 4.00% across terms between 1 and 5 years in the Mozo database, so borrowers are spoilt for choice when it comes to finding a great deal. Check out some hot options available today.
Fixed rate home loan comparisons on Mozo - rates updated daily
- loans.com.au
Smart Loan Fixed
Investment, Interest Only
3.89% p.a.
fixed 2 years4.32% p.a.
Available for both Principal & Interest and Interest only. Available for purchase or refinance. 2 or 3 year fixed rate options available. No ongoing fees. Package your home loan with your investment and get the same low fixed rate.
-
3.99% p.a.
fixed 3 years -
4.31% p.a.
-
$520
-
$0.00
-
$0.00
-
yes - free up to $10,000 p.a.
-
no
-
no
-
80.00%
-
$50,000
-
$1,000,000
-
Fixed
-
Principal & Interest, Interest Only
-
Investor
-
Weekly, Fortnightly, Monthly
Details Close
-
- Newcastle Permanent
Fixed Rate Home Loan
Owner Occupier, Principal & Interest
3.89% p.a.
fixed 2 years4.90% p.a.
Experts Choice - Australia's Best Customer-Owned Banking & Home Lender of the Year 2018
-
3.94% p.a.
fixed 3 years -
4.81% p.a.
-
$0
-
$0.00
-
$0.00
-
yes - free up to $25,000 p.a.
-
no
-
no
-
95.00%
-
$5,000
-
-
-
Fixed
-
Principal & Interest
-
Owner Occupier
-
Weekly, Fortnightly, Monthly
Details Close
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- Bank Australia
Basic Home Loan
Fixed, Owner Occupier
3.94% p.a.
fixed 3 years3.92% p.a.
Free redraw & no monthly fees
-
3.94% p.a.
fixed 3 years -
3.92% p.a.
-
$0
-
$0.00
-
$250.00
-
no
-
no
-
no
-
95.00%
-
$10,000
-
-
-
Fixed
-
Principal & Interest
-
Owner Occupier
-
Weekly, Fortnightly, Monthly
Details Close
-
- UBank
UHomeLoan
Owner Occupier, Interest Only
3.59% p.a.
fixed 1 year4.14% p.a.
$0 ongoing fees, $0 annual fees & easy apply. Choose between weekly, fortnightly or monthly repayments.
-
3.74% p.a.
fixed 3 years -
4.01% p.a.
-
$395
-
$0.00
-
$0.00
-
yes - free up to $20,000 p.a.
-
no
-
no
-
80.00%
-
$100,000
-
$2,000,000
-
Fixed
-
Interest Only
-
Owner Occupier
-
Monthly
Details Close
-
- NAB
Tailored Home Loan
Owner Occupier, Principal & Interest, Fixed
3.98% p.a.
fixed 2 years5.14% p.a.
No upfront fees & Make free extra repayments up to $20K in the fixed period
-
4.04% p.a.
fixed 3 years -
5.05% p.a.
-
$600
-
$8.00 monthly
-
$350.00
-
yes - free up to $20,000 during the fixed rate period
-
no
-
no
-
95.00%
-
$20,000
-
-
-
Fixed
-
Principal & Interest
-
Owner Occupier
-
Weekly, Fortnightly, Monthly
Details Close
-
- ME
Flexible Home Loan
Fixed, Owner Occupier, LVR<80%, Principal & Interest
4.14% p.a.
fixed 3 years4.81% p.a.
Option to split your loan into fixed and variable
-
4.14% p.a.
fixed 3 years -
4.81% p.a.
-
$400
-
$0.00
-
$300.00
-
yes - free up to $30,000 during fixed rate period
-
no
-
no
-
80.00%
-
$40,000
-
-
-
Fixed
-
Principal & Interest
-
Owner Occupier
-
Weekly, Fortnightly, Monthly
Details Close
-
- SCU
My Life Home Loan
Owner Occupier
3.69% p.a.
fixed 2 years4.39% p.a.
Unlimited free online redraws and a low annual package fee.
-
3.85% p.a.
fixed 3 years -
4.40% p.a.
-
$495
-
$350.00 yearly
-
$180.00
-
yes - free up to $10,000 p.a.
-
yes - free
-
no
-
95.00%
-
$150,000
-
-
-
Fixed
-
Principal & Interest
-
Owner Occupier
-
Weekly, Fortnightly, Monthly
Details Close
-
- bcu
Fixed Rate Home Loan
Owner Occupier, Principal & Interest
3.90% p.a.
fixed 3 years4.78% p.a.
Lock in a fixed rate home loan today, with a flexible loan term options
-
3.90% p.a.
fixed 3 years -
4.78% p.a.
-
$600
-
$0.00
-
$395.00
-
yes - fee applies
-
no
-
no
-
95.00%
-
$20,000
-
$2,500,000
-
Fixed
-
Principal & Interest
-
Owner Occupier
-
Weekly, Fortnightly, Monthly
Details Close
-
- loans.com.au
Smart Loan Fixed 90
Owner Occupier, Principal & Interest
3.89% p.a.
fixed 2 years3.78% p.a.
Available for both Principal & Interest and Interest only. Available for purchase or refinance. 2 or 3 year fixed rate options available. No ongoing fees. Package your home loan with your investment and get the same low fixed rate.
-
3.99% p.a.
fixed 3 years -
3.80% p.a.
-
$520
-
$0.00
-
$0.00
-
yes - free up to $10,000 p.a.
-
no
-
no
-
90.00%
-
$50,000
-
$1,000,000
-
Fixed
-
Principal & Interest
-
Owner Occupier
-
Weekly, Fortnightly, Monthly
Details Close
-
- UBank
UHomeLoan
Owner Occupier, Principal & Interest
3.74% p.a.
fixed 3 years4.01% p.a.
Fast, easy apply & no ongoing fees. Choose between weekly, fortnightly or monthly repayments.
-
3.74% p.a.
fixed 3 years -
4.01% p.a.
-
$395
-
$0.00
-
$0.00
-
yes - free up to $20,000 p.a.
-
no
-
no
-
80.00%
-
$100,000
-
$2,000,000
-
Fixed
-
Principal & Interest
-
Owner Occupier
-
Weekly, Fortnightly, Monthly
Details Close
-
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