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.
Fantastic fixed rate home loan offers - rates updated daily
- 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
-
Weekly, Fortnightly, Monthly
Details Close
-
- loans.com.au
Smart Loan Fixed Package
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
-
Interest Only
-
Investor
-
Weekly, Fortnightly, Monthly
Details Close
-
- Newcastle Permanent
Fixed Rate Home Loan
Owner Occupier, Principal & Interest
3.94% p.a.
fixed 2 years4.91% p.a.
Experts Choice - Australia's Best Customer-Owned Banking & Home Lender of the Year 2018
-
3.99% p.a.
fixed 3 years -
4.82% 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
-
- Virgin Money
Special Offer Reward Me Fixed 2/3 Year Rate Home Loan
Owner Occupier, LVR<90%, 300k+
3.87% p.a.
fixed 3 years4.02% p.a.
Receive 20,000 Velocity Points for every $100,000 drawn at settlement. Access a 100% offset account to save on interest.
-
3.87% p.a.
fixed 3 years -
4.02% p.a.
-
$150
-
$10.00 monthly
-
$320.00
-
yes - up to $10,000 per annum
-
no
-
yes - 1 year fixed term only
-
90.00%
-
$300,000
-
-
-
Fixed
-
Principal & Interest
-
Owner Occupier
-
Weekly, Fortnightly, Monthly
Details Close
-
- NAB
Tailored Home Loan Choice Package
Owner Occupier, Principal & Interest
3.89% p.a.
fixed 1 year4.73% p.a.
-
3.99% p.a.
fixed 3 years -
4.86% p.a.
-
$0
-
$395.00 yearly
-
$350.00
-
yes - free up to $20,000 during the fixed rate period
-
no
-
no
-
95.00%
-
$250,000
-
$749,999
-
Fixed
-
Principal & Interest
-
Owner Occupier
-
Weekly, Fortnightly, Monthly
Details Close
-
- Bank Australia
Basic Home Loan
Fixed, Owner Occupier
3.89% p.a.
fixed 3 years3.91% p.a.
Free redraw & no monthly fees
-
3.89% p.a.
fixed 3 years -
3.91% p.a.
-
$0
-
$0.00
-
$250.00
-
no
-
no
-
no
-
95.00%
-
$10,000
-
-
-
Fixed
-
Principal & Interest
-
Owner Occupier
-
Weekly, Fortnightly, Monthly
Details Close
-
- Beyond Bank
3 Year Fixed Rate Total Home Loan Special Package
Owner Occupier, LVR<80%
3.83% p.a.
fixed 3 years4.89% p.a.
Enjoy a competitive fixed interest rate with no establishment fee, availability to make additional repayments and no annual Fee on their Low Rate Credit Card.
-
3.83% p.a.
fixed 3 years -
4.89% p.a.
-
$0
-
$395.00 yearly
-
$350.00
-
yes - free up to $25,000 p.a.
-
yes - fees apply
-
yes - 1 year fixed term only
-
80.00%
-
$150,000
-
$2,000,000
-
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
-
- Queensland Country Credit Union
Special Fixed Ultimate Home Loan Package
Principal & Interest
3.74% p.a.
fixed 2 years4.50% p.a.
A loan with lots of features and discounts. No establishment, document or monthly loan maintenance fees on eligible loan products.
-
n/a
-
n/a
-
$0
-
$350.00 yearly
-
$0.00
-
yes - free
-
yes - free
-
yes
-
90.00%
-
$100,000
-
$5,000,000
-
Fixed
-
Principal & Interest
-
Owner, Occupier,, Investor
-
Weekly, Fortnightly, Monthly
Details Close
-
- loans.com.au
Smart Loan Fixed 90 Package
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
-
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