New market-leading fixed home loan rates from Bank of Queensland and Virgin Money
31 May 2019

Bank of Queensland and Virgin Money have announced new rock bottom home loan rates on home loans for both owner-occupiers and investors, effective from today.
The rate cuts apply to the 2 and 3 year fixed rate offers from both lenders, which are part of the Bank of Queensland Group, and are available on new home loans of $150,000 for BOQ home loans and $300,000 for Virgin Money home loans.
Bank of Queensland Discount Fixed Rate

3.44% (4.41% comparison rate*) fixed rate for 2 years
3.39% (4.41%* comparison rate) fixed rate for 3 years
Fee extra repayments up to $5,000 p.a.
$300 application fee and $10 monthly fee apply
Cash in on rock bottom fixed interest rates and the chance to pay your loan off even quicker with free extra repayments up to $5,000 per year with the BOQ Fixed Rate Home Loan. There’s also the option to split your home loan between fixed and variable rates for added flexibility, and so you can take advantage of any future rate cuts on part of your loan.
Read more about the BOQ Fixed Rate Home Loan in our Mozo review.
Virgin Money First Home Buyer Special Offer Reward Me Fixed 2 Year Rate Home Loan

3.44% (4.03% comparison rate*) fixed rate for 2 years
3.39% (3.82% comparison rate*) fixed rate for 3 years
Free extra repayments up to $10,000 p.a.
$10 monthly service fee applies
Rewards points lovers, pay attention! Not only does the Virgin Money Reward ME Fixed Rate Home Loan come with super competitive low interest rates, you’ll also get the chance to earn 10,000 Velocity Points for every $100,000 you borrow at the start of your loan, then 1,000 Velocity Points every month and 30,000 Velocity Points every 3 years when your loan balance remains above $50,000.
Read more about the Virgin Money Reward ME Fixed Rate Home Loan in our Mozo review.
^See information about the Mozo Experts Choice Home loans Awards
Lyn McGrath, Group Executive of Retail Banking said, “Our fixed rates are some of the most competitive in the market right now and a great option for people looking to lock in some certainty.”
“We want to partner with customers to realise their home ownership dreams – whether that’s purchasing their first home, or expanding their property portfolio,” she added.
With a potential RBA rate cut right around the corner, many lenders have been preparing for change by cutting fixed rates on their home loan offerings. ING cut rates on it’s Orange Advantage and Mortgage Simplifier home loans earlier this week, following moves by lenders including loans.com.au, Tic:Toc, ME and Mortgage House.
After a super low rate home loan that ticks all your boxes? Compare some hot options in our home loan comparison table.