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

Adam Smith 6 June 2017

coins calculatorAnother month of inactivity by the RBA, but lenders are already making their own moves

The RBA yesterday chose to remain on the sidelines again, leaving the cash rate at 1.50%. The RBA hold was predicted by all 33 experts in the finder.com.au Monthly RBA survey. In spite of the official cash rate hold, lenders are still moving home loan rates, and are continuing to move on rates. Below is our full list of the lenders who’ve moved out-of-cycle with the RBA in June, which will continue to be updated as more lenders make announcements.

Big four bank changes

 Lender Change Loans affectedDate effective
 Lender Change Loans affectedDate effective

All other rate changes

 Lender Change Loans affectedDate effective
HomeloansUp 0.15% - 0.30%Homeloans Accelerate Prime Plus Home Loan, Homeloans Accelerate Prime Plus Alt Doc19 Jun
HomeloansDown 50% - 55%Homeloans MoniPower Variable Home Loan - (Owner Occupier + Investor)26 Jun
 ING DIRECTUp 0.15%ING DIRECT Orange Advantage Loan - (Owner Occupier + Investor), ING DIRECT Mortgage Simplifier Home Loan (Owner Occupier + Investor) 23 Jun
Macquarie Bank Down 0.20% Macquarie Bank Offset Home Loan Package - LVR < 90% (Up to $750,000 Owner Occupier, P&I) 9 Jun
Pepper MoneyUp 0.15% - 0.30%Pepper Money Essential PLUS Full Doc Home Loan, Pepper Money Essential Alt Doc PLUS Home Loan (Variable)19 Jun
 Lender Change Loans affectedDate effective
Australian UnityUp 0.05% - 0.25%Wealth Builder Home Loan - 1, 3 Years Fixed (investor)22 Jun
Bank AustraliaDown 0.15%Premium Home Loan Package - 2 Years Fixed (owner occupier) LVR <80%7 Jun
BankwestDown 0.16% - 0.31%

Bankwest Complete Home Loan Package Fixed - 3 Year Fixed Rate (owner occupier + investor) LVR <90%

16 Jun
BankwestUp 0.04% - 0.34%

Bankwest Fixed Rate Home Loan - 1, 2, 3, 4, 5 (owner occupier + investor)

16 Jun
Greater Bank  Down 0.10% - 0.20%Ultimate Home Loan - 2, 3, 4, 5 Years Fixed (owner occupier), Great Rate Home Loan - 2, 3, 4, 5 Years Fixed (owner occupier)5 Jun
Greater BankUp 0.10% - 0.20%Ultimate Home Loan -1, 2, 3 ,4, 5 Years Fixed (investor), Great Rate Home Loan - 1, 2, 3, 4, 5 Years Fixed (investor)5 Jun
Greater BankDown 0.05%Great Rate Home Loan - 2,3 Years (Owner Occupier), Great Rate Discounted Home Loan - 2,3 Years (Owner Occupier)26 Jun
Greater BankUp 0.15%Ultimate Home Loan - 1 Year Fixed Rate (investor) 26 Jun
HomeloansDown 0.10%Optima Home Loan - 3 Years Fixed (owner occupier, principal and interest)13 Jun
ING DIRECTUp 0.20%Fixed Rate Home Loan - 3 Years Fixed (investor)6 Jun
ING DIRECTDown 0.10% - 0.20%Fixed Rate Home Loan - 3, 5 Years Fixed (owner occupier), Fixed Rate Home Loan with Orange Advantage - 3, 5 Years Fixed (owner occupier)6 Jun
Macquarie BankDown 0.25% -Basic fixed - 3 Year fixed rate, Offset  Home loan Package - 3 Year fixed rate9 Jun
MEDown 0.21%Flexible Home Loan - 2 Years Fixed (owner occupier), Flexible Home Loan with Member Package - 2 Years Fixed (owner occupier)15 Jun
Newcastle Permanent Building SocietyDown 0.30%Standard Fixed Rate - 4, 5 Years Fixed (principal and interest + interest only), Special Fixed Rate - 4, 5 Years Fixed (principal and interest + interest only)5 Jun
Newcastle Permanent Building SocietyUp 0.30% -Standard Fixed Rate - 4, 5 Years Fixed (principal and interest + interest only), Special Fixed Rate - 4, 5 Years Fixed (principal and interest + interest only)7 Jun
Newcastle Permanent Building SocietyUp 0.15% - 0.20%Standard Fixed Rate - 1, 2, 3 Years Fixed (principal and interest + interest only), Special Fixed Rate (owner occupier, principal and interest + interest only)13 Jun
People's Choice Credit UnionDown 0.5% - 0.10%Fixed rate home loan - 1, 2, 3, 4, 5 Years (owner occupier + investor, principal and interest), Home Loan Package - 1, 2, 3, 4, 5 Years (owner occupier + investor, principal and interest),22 Jun
People's Choice Credit UnionUp 0.05% - 0.10%Home Loan Package - 1, 2, 3, 4, 5 Years (owner occupier + investor, interest only), Fixed rate home loan - 1, 2, 3, 4, 5 Years (owner occupier + investor, interest only)22 Jun
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