finder.com.au
Home
Home Loan Finder

New home loan rate changes for Jan-Feb 2017

Avatar
Jodie Humphries
Posted: 13 January 2017 12:55 pm News

out of cycle rate changesThe RBA has yet to meet for the first time in 2017 but lenders are opting to start the year with their own rate changes

As the RBA takes a break for January and begins to gather data for its meeting and announcement on 7 February 2017 lenders have taken it upon themselves to continue the trend that began late last year of making changes independent of what the RBA decides for the cash rate. We have already seen ME, Virgin Money and Suncorp have all already announced or implemented changes to their variable or fixed products or both.

Major lenders changes

Lender Change Loans affected Date effective
ANZ Up 0.20 - 0.40% Fixed Rate Home Loan - 2, 3, 4 Years Fixed Rate (owner occupier + investor), Breakfree Package Home Loan 2, 3, 4 Years Fixed Rate (owner occupier + investor) 13 Jan
ANZ Down 0.20 - 0.23% Breakfree Package Home Loan - Variable (owner occupier + investor) 13 Jan
NAB Down 0.10-0.15% Tailored Fixed Rate Home Loan - 1 Year Fixed Rate, Choice Package Fixed Rate Home Loan - 1 Year Fixed Rate 16 Jan
NAB Up 0.05 - 0.80% Tailored Fixed Rate Home Loan - 2,3,4,5 Year Fixed Rate (Owner Occupier + Investor), Choice Package - 2,3,4, Years Fixed Rate (Owner Occupier + Investor) 16 Jan

All other lenders changes

LenderChangeLoans affectedDate effective
Bank AustraliaUp 0.10 - 0.25%Basic Home Loan - 3, 5 Years Fixed Rate (owner occupier), Premium Home Loan Package - 3, 5 Years Fixed Rate (owner occupier)3 Jan
Bank AustraliaDown 0.20 - 0.50%Basic Home Loan - 1, 2, 3, 5 Years Fixed Rate (investor), Premium Package Home Loan - 1, 2, 3, 5 Years Fixed Rate (investor)3 Jan
BankwestUp 0.10 - 0.20%

Complete Home Loan Package - 2,3,5 Years Fixed Rate (investor), Fixed Rate Home Loan - 2,3,5 Years (investor)

24 Jan
Bank of QueenslandUp 0.10 - 0.25%Fixed Rate Home Loan - 3, 4, 5 Years Fixed Rate (owner occupier + investor), Discount 3 Years Fixed Rate Home Loan6 Jan
Bendigo BankUp 0.05 - 0.15%Connect Fixed Rate Home Loan - 1, 2, 3 Years Fixed Rate (owner occupier + investor), Residential Investment - 1, 2, 3, 4, 5 Years Fixed Rate, Basic Fixed Rate Home Loan - 1, 2, 3, 4, 5 Years Fixed Rate (owner occupier + investor)4 Jan
Beyond BankUp 0.05 - 0.10%Pinnacle Plus Home Loan - 1, 2, 3, 4, 5 Years Fixed Rate (owner occupier + investor), Fixed Rate Home Loan - 1, 2, 3, 4, 5 Years Fixed Rate (owner occupier + investor), Total Home Loan Package - 1, 2, 3, 4, 5 Years Fixed Rate (owner occupier + investor)29 Dec
CUAUp 0.07 - 0.15%Fixed Rate Home Loan - 1,2,3 Years Fixed Rate (Owner Occupier + Investor), Premium Fixed Rate Home Loan - 1,2,3 Years Fixed Rate (Owner Occupier + Investor)19 Jan
G&C Mutual BankUp to 0.05 - 0.10%Fixed Rate Home Loan - 1, 2, 3, 4, 5 Years Fixed Rate (owner occupier + investor)25 Jan
Greater BankUp 0.05 - 0.20%Ultimate Fixed Rate - 1, 2, 3, 4, 5 Years Fixed Rate (owner occupier + investor), Ultimate Discounted Fixed - 1, 2, 3, 4, 5 Years Fixed Rate (owner occupier + investor), Great Rate Fixed Rate- 1, 2, 3, 4, 5 Years Fixed Rate (owner occupier + investor), Great Rate Discounted Fixed - 1, 2, 3, 4, 5 Years Fixed Rate (owner occupier + investor)16th Jan
Heritage Bank

Up to 0.10%

Fixed Rate Home Loan - 2, 3, 5 Years Fixed Rate (investor), Advantage Package Home Loan - 2, 3,5 Years Fixed Rate (investor)

17 Jan
Heritage Bank

Up 0.05%

Fixed Rate Home Loan - 2 Year (owner occupier), Advantage Package Fixed Rate Home Loan - 2 Year (owner occupier)

7 Feb
Heritage Bank

Down 0.30%

Fixed Rate Home Loan - 1 Year (owner occupier + investor)

7 Feb
Homeloans

Up to 0.11 - 0.20%

Fixed Rate Home loan - 1, 2, 3, 4, 5 Years Fixed rate (owner occupier + investor), Alt Doc Fixed Home Loan - 1, 2, 3, 4, 5 Years Fixed Rate (owner occupier + investor)

27 Jan
Homeloans

Up to 0.05 - 0.10%

Ultra Plus Fixed Home Loan - 2 & 3 Years Fixed rate (owner occupier + investor)

13 Feb
ING DIRECT

Up to 0.05 - 0.15%

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

17 Feb
Newcastle Permanent

Up 0.09 - 0.10%

Fixed Rate Home Loan - 3, 4, 5 Years Fixed Rate (owner occupier + investor)

23 Jan
Newcastle Permanent

Up 0.10% - 0.60%

Fixed Rate Home Loan - 1, 2, 3, 4, 5, 7, 10 Years Fixed Rate (owner occupier + investor)

13 Feb
UBank

Up 0.22% - 0.30%

Fixed Rate Home Loan - 3, 5 Years Fixed Rate (owner occupier + investor)

14 Feb
Virgin MoneyUp 0.20 - 0.24%Reward Me Fixed Rate Home Loan - 3, 4, 5 Years Fixed Rate (owner occupier + investor)6 Jan
Virgin MoneyDown 0.16 - 0.30%Reward Me Fixed Rate Home Loan - 1, 2 Years Fixed Rate (owner occupier + investor)6 Jan
LenderChangeLoans affectedDate effective
AMPUp 0.15%Essentials Home Loan (investor), Professional Package Home Loan - Variable (investor), Professional Package Home Loan - Line of Credit (investor), Basic Package Home Loan - Variable (investor), Classic Home Loan - Variable (investor), Classic Club Introductory Home Loan - Variable (investor), Classic Club Line of Credit Home Loan (investor), Land Loan (investor), SuperEdge Home Loan - Variable (investor)9 Jan
Australian UnityUp 0.06%Health, Wealth and Happiness Package Home Loan - Variable (owner occupier)2 Feb
Bank AustraliaUp 0.08 - 0.12%Basic Home Loan - Variable (owner occupier + investor), Premium Home Loan Package - Variable (owner occupier + investor), Bridging Home Loan - Variable, Line of Credit Home Loan3 Jan
Bank AustraliaDown 0.72 - 0.92%Premium Home Loan - Variable LVR <80% (owner occupier)3 Jan
Bank AustraliaUp 0.08%Basic Home Loan - Variable (owner occupier)20 Feb
Bank of QueenslandUp 0.15%Clear Path Variable Home Loan (owner occupier + investor), Clear Path Line of Credit Home Loan (owner occupier + investor), Standard Variable Home Loan (owner occupier + investor), Low Doc Standard Variable Home Loan (investor), Low Doc Line of Credit Home Loan (owner occupier + investor)6 Jan
BankwestUp to 0.10 - 0.30%Complete Home Loan Package - Variable (investor), Premium Select Home Loan - Variable (investor), Equaliser Home Loan - 3 Years Introductory (investor)17 Jan
BankwestUp 0.20%

Premium Select Home Loan - Variable (investor), Complete Home Loan Package - Variable (investor)

24 Jan
BankwestUp to 0.10 - 0.40%

Complete Home Loan Package - Variable (investor), Premium Select Home Loan - Variable (investor), Equaliser Home Loan - 3 Years Introductory (investor)

31 Jan
Catalyst MoneyUp 0.10%Variable Lite & Variable Home Loans (owner occupier + investor)20 Feb
Heritage BankDown 0.30 - 0.70%Discount Variable Home Loan - Discount Variable, Special Rate Offer (owner occupier)4 Jan
Heritage BankUp to 15%Discount Variable Home Loan - Discount Variable, Special Rate (investor), Standard Variable Home Loan - Variable (investor), Advantage Package Home Loan - Standard Variable (investor)17 Jan
Heritage BankUp to 0.15%Advantage Package (Owner Occupier + Investor), Living Equity Line of Credit (Owner Occupier + Investor)7 Feb
HomeloansUp to 15%Ultra Plus Variable Home Loan (Owner Occupier + Investor)24 Jan
HomeloansUp to 0.10 - 0.18%Monipower Home Loan - Variable (investor)20 Feb
Illawarra Credit UnionUp 10%Variable Lite & Variable Home Loans (owner occupier + investor)20 Feb
IMBUp to 0.10 - 0.19%

Standard Variable Home Loan (Owner Occupier + Investor), Platinum Package (Owner Occupier + Investor), Lo Doc Home Loan, Introductory Variable Rate Home Loan, Equity Line Advantage Home Loan, Discount Split Home Loan(Owner Occupier), Accelerator Home Loan

30 Jan
ING DIRECTUp to 0.15%

Orange Advantage Home Loan - Variable LVR <=80% (investor), Mortgage Simplifier Home Loan - Variable LVR <=80% (investor)

17 Feb
ING DIRECTDown 0.03 - 0.05%

Orange Advantage Home Loan - Variable LVR >80% <=90% (investor), Mortgage Simplifier Home Loan - Variable LVR >80% <=90% (investor)

17 Feb
ME BankUp 0.05 - 0.10%Flexible Home Loan (owner occupier + investor), Basic Home Loan (owner occupier + investor), Flexible Home Loan with Members Package (owner occupier + investor)4 Jan
Newcastle PermanentUp 0.10%

Premium Plus Package Home Loan - New Customer Offer (owner occupier)

27 Feb
Pepper MoneyDown 0.10%

Near Prime and Specialist home loans

27 Feb
RAMSUp 0.15%Full Feature Advantage Package - Variable (owner occupier + investor), Line of Credit, Full Feature Advantage Package - Line of Credit, Low Rate Home Loan (owner occupier + investor), Self-Employed Line of Credit, Self-Employed Line of Credit with Value Advantage Package, Self-Employed Home Loan (owner occupier + investor), Self-Employed Home Loan with Value Advantage Package (owner occupier + investor)16 Jan
State CustodiansUp 0.10%

Line Of Credit Loan Spring Special(owner occupier + investor), Standard Variable Spring Special (owner occupier + investor), Breathe Easy Spring Special (owner occupier + investor)

27 Feb
SuncorpUp 0.15%Back to Basics Home Loan (owner occupier), Standard Variable Home Loan (owner occupier)23 Jan
Virgin MoneyUp 0.10 - 0.15%Reward Me Variable Home Loan (owner occupier + investor)6 Jan

Compare home loans for October 2019 to make sure you're getting the best rate

Rates last updated October 20th, 2019
$
Loan purpose
Offset account
Loan type
Repayment type
Your filter criteria do not match any product
Name Product Interest Rate (p.a.) Comp Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment Short Description
Athena Variable Home Loan - Refinance (Owner Occupier, P&I)
Athena Variable Home Loan - Refinance (Owner Occupier, P&I)
2.84%
2.80%
$0
$0 p.a.
80%
Owner occupiers looking to refinance can get one of the lowest rates in the market with this variable rate mortgage. $0 application fee and $0 ongoing fees. Refinancers only.
Go to site More info
Suncorp Back to Basics Home Loan - Better Together Special Offer $150k+ LVR<=90% Incl. LMI (Owner Occupier, P&I)
Suncorp Back to Basics Home Loan - Better Together Special Offer $150k+ LVR<=90% Incl. LMI (Owner Occupier, P&I)
3.03%
3.04%
$0
$0 p.a.
90%
Get one free online redraw per month and pay no ongoing fees. Application fees are waived for loans above $150,000.
Go to site More info
HSBC Home Value Loan - Promotional Offer (*now 3.17%, drops to 3.02% on 21 Oct), Owner Occupier P&I
HSBC Home Value Loan - Promotional Offer (*now 3.17%, drops to 3.02% on 21 Oct), Owner Occupier P&I
3.02%
3.04%
$0
$0 p.a.
90%
This rate is effective from 21 October for all HSBC customers. Get a low interest rate loan with no ongoing fees. Plus you can make extra repayments and free redraw online. Available with just a 10% deposit.
Go to site More info
Virgin Reward Me Fixed Rate Home Loan - 2 Year $300k+ Special offer (Owner Occupier, P&I)
Virgin Reward Me Fixed Rate Home Loan - 2 Year $300k+ Special offer (Owner Occupier, P&I)
2.99%
3.45%
$0
$10 monthly ($120 p.a.)
90%
Buy your home and lock in a low rate for the first two years. Available with a 10% deposit. Earn Velocity Frequent Flyer Points at settlement, monthly and every three years, plus extra bonus points for a limited time.
Enquire now More info
UBank UHomeLoan Variable Rate - Discount offer for Owner Occupiers (*now 3.09%, drops to 2.84% on 29 Oct), P&I $200K+
UBank UHomeLoan Variable Rate - Discount offer for Owner Occupiers (*now 3.09%, drops to 2.84% on 29 Oct), P&I $200K+
2.84%
2.84%
$0
$0 p.a.
80%
This rate will drop to 2.84% p.a on 29 October 2019 for new and existing customers. Enjoy flexible repayments, a redraw facility and the ability to split your loan. Plus, pay no application or ongoing fees.
Go to site More info
Suncorp Home Package Plus Fixed - 3 Year Fixed Rate Special Offer $150k+ LVR ≤90% (Owner Occupier, P&I)
Suncorp Home Package Plus Fixed - 3 Year Fixed Rate Special Offer $150k+ LVR ≤90% (Owner Occupier, P&I)
2.99%
3.73%
$0
$375 p.a.
90%
Get a very competitive 3 year fixed rate with low fees and only a 10% deposit. Refinance to this loan and receive a $2,000 cashback when borrowing $250,000 or more.
Go to site More info
Mortgage House Advantage Home Loan - 70 (PAYG Essentials)
Mortgage House Advantage Home Loan - 70 (PAYG Essentials)
2.84%
2.97%
$600
$10 monthly ($120 p.a.)
70%
A very low variable interest rate for home buyers with a 30% deposit. This product has a 100% offset account.
Enquire now More info
Athena Variable Home Loan - Refinance (Investor, P&I)
Athena Variable Home Loan - Refinance (Investor, P&I)
3.24%
3.20%
$0
$0 p.a.
80%
Athena offers one of the lowest rates in the market for investors looking to refinance their mortgage. No ongoing fees and no application fee. Principal and interest repayments. Refinancers only.
Go to site More info
Pepper Money Essential Prime Full Doc Home Loan - LVR >75% up to 80%
Pepper Money Essential Prime Full Doc Home Loan - LVR >75% up to 80%
3.12%
3.32%
$599
$10 monthly ($120 p.a.)
80%
This is a competitive, flexible variable rate suitable for borrowers with a good credit history. Borrow up to 80%.
Enquire now More info
Virgin Reward Me Fixed Rate Home Loan - 3 Year $300k+ Special offer (Owner Occupier, P&I)
Virgin Reward Me Fixed Rate Home Loan - 3 Year $300k+ Special offer (Owner Occupier, P&I)
2.99%
3.42%
$0
$10 monthly ($120 p.a.)
90%
A competitive fixed rate mortgage available with a 10% deposit. Earn Velocity Frequent Flyer Points at settlement, monthly and every three years, plus extra bonus points for a limited time.
Enquire now More info
Mortgage House Advantage Home Loan - 80 (PAYG Essentials)
Mortgage House Advantage Home Loan - 80 (PAYG Essentials)
2.94%
2.97%
$600
$10 monthly ($120 p.a.)
80%
A competitive variable rate for home buyers with a 20% deposit. This product has a 100% offset account.
Enquire now More info
Newcastle Permanent Building Society Real Deal Home Loan - Special Offer 1 (Owner Occupier, P&I)
Newcastle Permanent Building Society Real Deal Home Loan - Special Offer 1 (Owner Occupier, P&I)
3.32%
3.36%
$595
$0 p.a.
90%
A discounted variable rate with low ongoing fees and redraw facility. Low deposit option available.
Go to site More info
UBank UHomeLoan - 1 Year Fixed Rate (Owner Occupier, P&I)
UBank UHomeLoan - 1 Year Fixed Rate (Owner Occupier, P&I)
2.74%
3.61%
$395
$0 p.a.
80%
Fix your mortgage for 1 year with a very competitive rate and no ongoing fees.
Go to site More info
Newcastle Permanent Building Society Premium Plus Package Home Loan - New Customer Offer Discount 1 ($150k+ Owner Occupier, P&I)
Newcastle Permanent Building Society Premium Plus Package Home Loan - New Customer Offer Discount 1 ($150k+ Owner Occupier, P&I)
3.32%
3.71%
$0
$395 p.a.
90%
New borrowers or refinancers can get a discounted rate with this package loan.
Go to site More info
UBank UHomeLoan - 3 Year Fixed Rate (Owner Occupier, P&I)
UBank UHomeLoan - 3 Year Fixed Rate (Owner Occupier, P&I)
2.69%
3.37%
$395
$0 p.a.
80%
A competitive fixed interest rate product with no ongoing bank fees.
Go to site More info
Athena Variable Home Loan - Refinance (Owner Occupier, IO)
Athena Variable Home Loan - Refinance (Owner Occupier, IO)
3.34%
2.99%
$0
$0 p.a.
80%
Owner occupiers can refinance to one of the most competitive interest-only rates in the market. No application fee and no ongoing fees. Refinancers only.
Go to site More info
Newcastle Permanent Building Society Premium Plus Package Fixed Rate - 1 Year Fixed (Owner Occupier, P&I)
Newcastle Permanent Building Society Premium Plus Package Fixed Rate - 1 Year Fixed (Owner Occupier, P&I)
2.99%
4.24%
$0
$395 p.a.
90%
Enjoy a competitive rate with no application fee for this package loan.
Go to site More info
UBank UHomeLoan - 1 Year Fixed Rate (Investor, P&I)
UBank UHomeLoan - 1 Year Fixed Rate (Investor, P&I)
2.89%
4.07%
$395
$0 p.a.
80%
Investors can enjoy flexible repayments and an easy application process with this pioneering online lender.
Go to site More info
Newcastle Permanent Building Society Fixed Rate Home Loan - 2 Year Fixed (Owner Occupier, P&I)
Newcastle Permanent Building Society Fixed Rate Home Loan - 2 Year Fixed (Owner Occupier, P&I)
3.09%
4.39%
$595
$0 p.a.
95%
Borrow up to 95% LVR of the value of the property you're buying and pay no ongoing fees.
Go to site More info
Adelaide Bank SmartFix Home Loan - 2 Year Fixed Rate (Owner Occupier, IO)
Adelaide Bank SmartFix Home Loan - 2 Year Fixed Rate (Owner Occupier, IO)
3.69%
3.45%
$375
$15 monthly ($180 p.a.)
80%
Home buyers with a 20% deposit can get this low interest-only rate. It also comes with a 100% offset account.
Enquire now More info

Compare up to 4 providers

Get more from Finder

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 Privacy & Cookies Policy.

Related Posts

KiaPicanto_Finder_450x250
Hands-on: Kia Picanto review

If you're after a city runabout and…

Launch of space shuttle atlantis
Binance just raised the stakes with new 125x leverage cryptocurrency trading

"Up, up the long, delirious, burning blue,…

shutterstock winding road 450x250
Power Ledger: Exploring the Malaysian government blockchain energy market test

It's easy to theorise about the impacts of…

Torfxvs Remitly_Supplied_250x250
Remitly vs TorFX

We compare Remitly and TorFX to see which…

WorldCup9s_KayoSports_450x250
How to watch Rugby League World Cup 9s online: TV guide

All the details about the Rugby League World…

Ask a question
Go to site