Finder makes money from featured partners, but editorial opinions are our own.

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

Posted:
News
coins calculator2

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

LenderChangeLoans affectedDate effective
LenderChangeLoans affectedDate effective

All other rate changes

LenderChangeLoans 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
INGUp 0.15%ING Orange Advantage Loan - (Owner Occupier + Investor), ING DIRECT Mortgage Simplifier Home Loan (Owner Occupier + Investor)23 Jun
Macquarie BankDown 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
LenderChangeLoans 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
INGUp 0.20%Fixed Rate Home Loan - 3 Years Fixed (investor)6 Jun
INGDown 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
Image: Shutterstock

Find the right home loan now

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and 6. Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site