All of August’s out-of-cycle home loan rate changes

Adam Smith 2 August 2017

house and money1The RBA hasn't moved, but lenders are already starting to. It might be time to look for a better home loan deal.

Lenders seem intent on either wooing owner-occupiers with rate cuts or discouraging investors and interest-only borrowers with rate hikes. In July, we saw 17 lenders move on rates outside of any change to the official cash rate. We've already learned that some lenders are preparing to raise rates for investors in August.

We'll keep track of all the changes by lenders in the finder.com.au database. Remember, if your lender raises their rates or fails to respond to the market by lowering rates, it might be time to look for a better deal.

Major bank changes

LenderChangeLoans affectedDate effective
 
LenderChangeLoans affectedDate effective
 Westpac Down 0.05% - 0.20%

Property Loan Premier Advantage Package - 3, 4, 5 Years Fixed Rate (owner occupier + investor), Property Loan - 3, 4, 5 Years Fixed (owner occupier + investor), Premier Advantage - 3, 4, 5 Years Fixed (owner occupier + investor)

 1 Aug
 Westpac Up 0.11% - 0.31%

Westpac Fixed Options Home Loan - 1,2,3,4,5 Years Fixed (owner occupier + investor), Westpac Fixed Options Home Loan Premier Advantage Package - 1,2,3,4,5 Years Fixed (owner + investor)

1 Aug

Other lenders

LenderChangeLoans affectedDate effective
eMoneyUp 0.35%PRIME Variable LVR 80% Pro Pack (owner occupier + investor, interest only)8 Aug
Freedom LendUp 0.05% - 0.35%Variable Home Loan (owner occupier + investor)1 Aug
Heritage BankUp 0.09% - 0.50%Bank Advantage Package - Living Equity (owner occupier + investor)1 Aug
HomeloansDown 0.02% - 0.10%Optima Variable (owner occupier + investor, principal and interest + interest only)21 Aug
loans.com.auUp 0.10 - 0.25%Offset Variable (Investor, P&I and IO),Essentials - Variable (investor),Essentials - Smart Loan Package P&I, Essentials - Smart Loan IO,Offset Variable - Package Offset (investor, P&I and IO)1 Aug
Move Up 0.10% - 0.40% Wealth Builder, Standard Variable Home Loan (investor), myWealth Package Loan (investor) 1 Aug
Newcastle Permanent Building Society Down 0.10% Premium Plus Package - new customer only (owner occupier + interest only) 21 Aug
LenderChangeLoans affectedDate effective
Bank AustraliaDown 0.20%

Premium Fixed - 3 Years Fixed LVR <80% (owner occupier), Premium Home Loan Package - 3 Years Fixed LVR <80% and LVR >80% (owner occupier), Basic Fixed 3 Years Fixed (owner occupier)

18 Aug
BankSADown 0.10%

Advantage Package Home Loan - 4,5 Years Fixed (owner occupier, P&I), Fixed Rate Home Loan - 4,5 Years Fixed (owner occupier, P&I)

1 Aug
BankSAUp 0.05% - 0.25%Advantage Package Home Loan - 1,2,3,4,5 Years Fixed (owner occupier,IO + investors, IO), Fixed Rate Home Loan - 1,2,3,4,5 Years Fixed (owner occupier,IO +investors, IO),Fixed Rate Home Loan - 3 Years Fixed (owner occupier, P&I), Portfolio - 1,2,3,4,5 Years Fixed, Portfolio Home Loan with Advantage Package - 1,2,3,4,5 Years Fixed (investor, IO)1 Aug
BankwestUp 0.09% - 0.20%Complete Home Loan Package - 2, 3, 4, 5 Years Fixed (owner occupier)11 Aug
Bank of MelbourneDown 0.10%

Advantage Package Home Loan - 4,5 Years Fixed (owner occupier, P&I), Fixed Rate Home Loan - 4,5 Years Fixed (owner occupier, P&I)

1 Aug
Bank of MelbourneUp 0.05% - 0.25%

Advantage Package Home Loan - 1,2,3,4,5 Years Fixed (owner occupier,IO + investors, IO), Fixed Rate Home Loan - 1,2,3,4,5 Years Fixed (owner occupier,IO +investors, IO),Fixed Rate Home Loan - 3 Years Fixed (owner occupier, P&I), Portfolio - 1,2,3,4,5 Years Fixed, Portfolio Home Loan with Advantage Package - 1,2,3,4,5 Years Fixed (investor, IO)

1 Aug
Freedom LendDown 0.05% - 0.20%Fixed Rate Home Loan - 3, 5 Fixed Years (owner occupier)1 Aug
Freedom LendUp 0.01% - 0.35%Fixed Rate Home Loan - 1,2,3,4,5 Fixed Years (owner occupier + investor)1 Aug
HomeloansUp 0.02% - 0.10%Optima Fixed - 1, 2, 3, 4, 5 Fixed Years (owner occupier + investor, principal and interest + interest only)21 Aug
HomeloansDown 0.09% - 0.30%Optima Fixed - 1, 2, 3, 4, 5 Years Fixed (owner occupier + investor, principal and interest + interest only)21 Aug
loans.com.au Up 0.05% - 0.20%Fixed Rate Home Loan - 1, 2, 3, Fixed Years (owner occupier + investor)1 Aug
Newcastle Permanent Building SocietyDown  0.5% 0.20%Fixed Rate Home Loan - 1, 2, 3, 4, 5, 7, Fixed Years specal offer (owner occupier P&I + IO) 14 Aug
People's ChoiceUp 0.15%People's Choice Fixed Home Loan - 1,2,3,4,5 Years Fixed (owner occupier + investor), People's Choice Credit Union Home Loan Package - 1,2,3,4,5 Years Fixed (owner occupier + investor)18 Aug
St.GeorgeDown 0.10%Advantage Package Home Loan - 4,5 Years Fixed (owner occupier, P&I), Fixed Rate Home Loan - 4,5 Years Fixed (owner occupier, P&I)1 Aug
St.GeorgeUp 0.05% - 0.25%Advantage Package Home Loan - 1,2,3,4,5 Years Fixed (owner occupier,IO + investors, IO), Fixed Rate Home Loan - 1,2,3,4,5 Years Fixed (owner occupier,IO +investors, IO),Fixed Rate Home Loan - 3 Years Fixed (owner occupier, P&I), Portfolio - 1,2,3,4,5 Years Fixed, Portfolio Home Loan with Advantage Package - 1,2,3,4,5 Years Fixed (investor, IO)1 Aug

Compare refinance home loans today

$
% p.a.
Interest Rate (p.a.) Comp Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Amount Saved
Newcastle Permanent Building Society Fixed Rate Home Loan - 2 Year Fixed (Owner Occupier Special Rate, P&I)
Newcastle Permanent Building Society Fixed Rate Home Loan - 2 Year Fixed (Owner Occupier Special Rate, P&I)
3.74% 4.85% $0 $0 p.a. 95% Go to site More info
loans.com.au Essentials - Variable (Owner Occupier, P&I)
loans.com.au Essentials - Variable (Owner Occupier, P&I)
3.64% 3.66% $0 $0 p.a. 80% Go to site More info
Greater Bank Ultimate Home Loan - Discounted 1 Year Fixed LVR ≤85% ($150K+ Owner Occupier)
Greater Bank Ultimate Home Loan - Discounted 1 Year Fixed LVR ≤85% ($150K+ Owner Occupier)
3.49% 4.47% $0 $375 p.a. 85% Go to site More info
HSBC Home Value Loan - Resident Owner Occupier only
HSBC Home Value Loan - Resident Owner Occupier only
3.85% 3.86% $0 $0 p.a. 90% Go to site More info
Reduce Home Loans Rate Buster 100% Offset Variable Home Loan - Up to $750k (LVR <=80%)
Reduce Home Loans Rate Buster 100% Offset Variable Home Loan - Up to $750k (LVR <=80%)
3.54% 3.54% $440 $0 p.a. 80% Enquire now More info
loans.com.au Offset Variable - Up to 80% LVR (Owner Occupier P&I)
loans.com.au Offset Variable - Up to 80% LVR (Owner Occupier P&I)
3.72% 3.74% $0 $0 p.a. 80% Go to site More info
IMB Budget Home Loan - Special LVR <=80% (Owner Occupier and Principal & Interest only)
IMB Budget Home Loan - Special LVR <=80% (Owner Occupier and Principal & Interest only)
3.79% 3.84% $445 $0 p.a. 80% Go to site More info
Tic:Toc Live in Loan Variable Rate
Tic:Toc Live in Loan Variable Rate
3.68% 3.69% $0 $0 p.a. 80% Go to site More info
Bank Australia Basic Home Loan - Variable (Owner Occupier)
Bank Australia Basic Home Loan - Variable (Owner Occupier)
3.86% 3.87% $0 $0 p.a. 80% Go to site More info
UBank UHomeLoan Variable Rate - Standard Variable Rate Value Offer (Owner Occupier P&I)
UBank UHomeLoan Variable Rate - Standard Variable Rate Value Offer (Owner Occupier P&I)
3.74% 3.74% $0 $0 p.a. 80% Go to site More info
NAB Choice Package Home Loan - 2 Year Fixed (Owner Occupier P&I) First Home Buyer Special
NAB Choice Package Home Loan - 2 Year Fixed (Owner Occupier P&I) First Home Buyer Special
3.69% 4.86% $0 $395 p.a. 90% Go to site More info
St.George Basic Home Loan - Promotional Rate (Owner Occupier, P&I)
St.George Basic Home Loan - Promotional Rate (Owner Occupier, P&I)
3.80% 3.81% $0 $0 p.a. 95% Enquire now More info
IMB Budget Home Loan - LVR <=90% (Owner Occupier)
IMB Budget Home Loan - LVR <=90% (Owner Occupier)
3.97% 4.02% $445 $0 p.a. 90% Go to site More info
ING Orange Advantage Loan - $500,000+ (LVR <=80% Owner Occupier, P&I)
ING Orange Advantage Loan - $500,000+ (LVR <=80% Owner Occupier, P&I)
3.74% 4.06% $0 $299 p.a. 95% Go to site More info
Greater Bank Great Rate Discount Variable with Family Pledge Home Loan - Up to 110% LVR
Greater Bank Great Rate Discount Variable with Family Pledge Home Loan - Up to 110% LVR
3.99% 3.99% $0 $0 p.a. 110% Go to site More info
ING Orange Advantage Loan - $150,000 to $500,000 (LVR <=80% Owner Occupier, P&I)
ING Orange Advantage Loan - $150,000 to $500,000 (LVR <=80% Owner Occupier, P&I)
3.79% 4.11% $0 $299 p.a. 80% Go to site More info
Bank Australia Basic Home Loan - Special LVR <70% (Owner Occupier)
Bank Australia Basic Home Loan - Special LVR <70% (Owner Occupier)
3.74% 3.75% $0 $0 p.a. 70% Go to site More info
Easy Street Fixed Home Loan - 3 Years Fixed Owner Occupier special offer (New Loans only), P&I
Easy Street Fixed Home Loan - 3 Years Fixed Owner Occupier special offer (New Loans only), P&I
3.79% 4.07% $500 $0 p.a. 95% Go to site More info
Heritage Bank Discount Variable Home Loan - Special Rate Offer (Owner Occupier) New Customers Only
Heritage Bank Discount Variable Home Loan - Special Rate Offer (Owner Occupier) New Customers Only
3.99% 4.04% $600 $0 p.a. 90% Go to site More info
Suncorp Back to Basics Home Loan - Better Together Special Offer ($150k+ LVR<=90% Incl. LMI) Owner Occupier
Suncorp Back to Basics Home Loan - Better Together Special Offer ($150k+ LVR<=90% Incl. LMI) Owner Occupier
3.78% 3.79% $600 $0 p.a. 90% Enquire now More info
Macquarie Bank Basic Home Loan - LVR ≤ 80% ($750,000+ Owner Occupier, P&I)
Macquarie Bank Basic Home Loan - LVR ≤ 80% ($750,000+ Owner Occupier, P&I)
3.79% 3.79% $0 $0 p.a. 80% Enquire now More info
Westpac Flexi First Option Home Loan - 2 Years Introductory Special Offer (New Owner Occupier, P&I)
Westpac Flexi First Option Home Loan - 2 Years Introductory Special Offer (New Owner Occupier, P&I)
3.91% 4.42% $0 $0 p.a. 95% Enquire now More info
ME Flexible Home Loan Fixed - 2 Year Fixed Rate (Owner Occupier, P&I)
ME Flexible Home Loan Fixed - 2 Year Fixed Rate (Owner Occupier, P&I)
3.74% 4.81% $0 $0 p.a. 95% Go to site More info
NAB Choice Package Home Loan - 2 Year Fixed (Owner Occupier P&I)
NAB Choice Package Home Loan - 2 Year Fixed (Owner Occupier P&I)
3.88% 4.89% $0 $395 p.a. 95% Go to site More info
Community First Fixed Home Loan - 3 Years Fixed Owner Occupier special offer (New Loans only)
Community First Fixed Home Loan - 3 Years Fixed Owner Occupier special offer (New Loans only)
3.89% 4.97% $600 $0 p.a. 95% Go to site More info
Bankwest Equaliser Home Loan - LVR ≤80% (Owner Occupier, P&I & $200k+) new customers only
Bankwest Equaliser Home Loan - LVR ≤80% (Owner Occupier, P&I & $200k+) new customers only
3.72% 4.19% $0 $0 p.a. 80% Go to site More info
Finsure Home Loan Deal
Finsure Home Loan Deal
3.69% 4.03% $0 $299 p.a. 80% Enquire now More info
Newcastle Permanent Building Society Premium Plus Package Home Loan - New Customer Offer ($150,000+ Owner Occupier, P&I)
Newcastle Permanent Building Society Premium Plus Package Home Loan - New Customer Offer ($150,000+ Owner Occupier, P&I)
3.74% 4.12% $0 $395 p.a. 80% Go to site More info
P&N Bank & Home Loan & Bag
P&N Bank & Home Loan & Bag
3.99% 4.02% $395 $0 p.a. 80% Go to site More info
Select Encompass Credit Union Special Offer 2 Year Fixed Rate Home Loan
Select Encompass Credit Union Special Offer 2 Year Fixed Rate Home Loan
3.74% 4.15% $0 $0 p.a. 95% Go to site More info
Greater Bank Ultimate Home Loan - Discounted 2 Year Fixed LVR ≤85% ($150K+ Owner Occupier)
Greater Bank Ultimate Home Loan - Discounted 2 Year Fixed LVR ≤85% ($150K+ Owner Occupier)
3.69% 4.45% $0 $375 p.a. 85% Go to site More info
Connective Smart Options Basic Home Loan - LVR ≤ 70% (Owner Occupier, P&I)
Connective Smart Options Basic Home Loan - LVR ≤ 70% (Owner Occupier, P&I)
3.74% 3.74% $363 $0 p.a. 70% Enquire now More info
Beyond Bank Low Rate Special Home Loan - LVR <70%
Beyond Bank Low Rate Special Home Loan - LVR <70%
3.83% 3.83% $0 $0 p.a. 70% Go to site More info
QT Mutual Bank Mortgage Saver Home Loan
QT Mutual Bank Mortgage Saver Home Loan
3.95% 3.95% $0 $0 p.a. 95% Go to site More info
loans.com.au Essentials - Smart Loan Package P&I
loans.com.au Essentials - Smart Loan Package P&I
3.89% 3.91% $0 $0 p.a. 80% Go to site More info
Newcastle Permanent Building Society Fixed Rate Home Loan - 3 Year Fixed (Owner Occupier Special Rate, P&I)
Newcastle Permanent Building Society Fixed Rate Home Loan - 3 Year Fixed (Owner Occupier Special Rate, P&I)
3.79% 4.75% $0 $0 p.a. 95% Go to site More info
Greater Bank Great Rate Home Loan - Discounted Variable ($150K+ Owner Occupier)
Greater Bank Great Rate Home Loan - Discounted Variable ($150K+ Owner Occupier)
3.99% 3.99% $0 $0 p.a. 85% Go to site More info
ME Basic Home Loan - LVR <=80% (Owner Occupier, P&I)
ME Basic Home Loan - LVR <=80% (Owner Occupier, P&I)
4.09% 4.11% $0 $0 p.a. 80% Go to site More info
NAB Base Variable Rate Home Loan - Owner Occupier (P&I)
NAB Base Variable Rate Home Loan - Owner Occupier (P&I)
4.17% 4.21% $600 $0 p.a. 95% Go to site More info
IMB Essential Home Loan - LVR <=90% (Owner Occupier)
IMB Essential Home Loan - LVR <=90% (Owner Occupier)
4.19% 4.19% $0 $0 p.a. 90% Go to site More info
ME Flexible Home Loan Fixed - 3 Year Fixed Rate (Owner Occupier, P&I)
ME Flexible Home Loan Fixed - 3 Year Fixed Rate (Owner Occupier, P&I)
3.99% 4.77% $0 $0 p.a. 95% Go to site More info
Newcastle Permanent Building Society Fixed Rate Home Loan - 2 Years Fixed (Standard Rate, P&I)
Newcastle Permanent Building Society Fixed Rate Home Loan - 2 Years Fixed (Standard Rate, P&I)
3.94% 4.88% $0 $0 p.a. 95% Go to site More info
ANZ Simplicity PLUS Home Loan - Special Offer (Owner Occupier, P&I)
ANZ Simplicity PLUS Home Loan - Special Offer (Owner Occupier, P&I)
4.03% 4.07% $0 $0 p.a. 95% Enquire now More info
Newcastle Permanent Building Society Fixed Rate Home Loan - 1 Year Fixed (Standard Rate, P&I)
Newcastle Permanent Building Society Fixed Rate Home Loan - 1 Year Fixed (Standard Rate, P&I)
3.94% 4.98% $0 $0 p.a. 95% Go to site More info
Bank of Queensland Fixed Rate Home Loan - 3 Year Fixed Rate (Owner Occupier, P&I)
Bank of Queensland Fixed Rate Home Loan - 3 Year Fixed Rate (Owner Occupier, P&I)
4.39% 5.42% $300 $10 monthly ($120 p.a.) 95% Enquire now More info
Commonwealth Bank Wealth Package Fixed Home Loan - 2 Year Fixed (Owner Occupier) P&I
Commonwealth Bank Wealth Package Fixed Home Loan - 2 Year Fixed (Owner Occupier) P&I
3.99% 4.99% $0 $395 p.a. 95% Enquire now More info
St.George Fixed Rate Advantage Package -  2 Year Fixed Rate (Owner Occupier, P&I)
St.George Fixed Rate Advantage Package - 2 Year Fixed Rate (Owner Occupier, P&I)
3.99% 4.98% $0 $395 p.a. 95% Enquire now More info
Westpac Fixed Options Home Loan Premier Advantage Package - 2 Years, P&I
Westpac Fixed Options Home Loan Premier Advantage Package - 2 Years, P&I
3.99% 4.90% $0 $395 p.a. 95% Enquire now More info
Virgin Reward Me Variable Home Loan - LVR <= 80% ($750k+ Owner Occupier, P&I)
Virgin Reward Me Variable Home Loan - LVR <= 80% ($750k+ Owner Occupier, P&I)
3.79% 3.92% $0 $10 monthly ($120 p.a.) 80% Enquire now More info

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