Home loan interest rate changes for April 2017

Jodie Humphries 4 April 2017

April 2017 interest rate changesLenders are still moving interest rates despite the RBA making no change to the official cash rate.

The RBA's inaction was predicted by almost all experts and economists with no change in the finder.com.au RBA survey. Lenders, on the other hand, are still moving interest rates irrespective of what the RBA does. This trend started in November and December last year and continued even before the first RBA meeting in February this year. It doesn't seem to be stopping.

Big four bank changes

LenderChangeLoans affectedDate effective
ANZUp 0.36% - 0.40%Variable Rate Home Loans (owner occupier + investor, interest only)22 Apr(late July for existing)
CBAUp 0.03% - 0.26%Variable Rate Home Loans (owner occupier + investor, principal and interest + interest only)8 May

All other rate changes

LenderChangeLoans affectedDate effective
Bank AustraliaUp 0.07%Basic Home Loan Variable (owner occupier)13 Apr
Bank of QueenslandUp 0.10%Clear Path Line of Credit (investor), Economy Home Loan (investor), Low Doc Home Loan (investor), Low Doc Line of Credit (investor), Standard Variable (investor), Clear Path Variable (investor), Discount Variable (investor), Line of Credit (investor), Privilege Package Variable (investor), Privilege Package Line of Credit (investor)18 Apr
Bank of MelbourneUp 0.03% - 0.30%Variable Rate Home Loans (owner occupier + investor, principal and interest + interest only)8 May
BankSAUp 0.08% - 0.32%

Variable Rate Home Loans (owner occupier, interest only), Variable Rate Home Loans (investor, principal and interest + interest only)

8 May
BankwestUp 0.04% - 0.25%

Complete Variable Home Loan - (owner occupier + investor), Premium Select Home Loan - (owner occupier + investor), Equaliser Home Loan - (owner occupier + investor), Senior Equity, Complete Equity, Equity Access

7 Apr
Bendigo Bank Up 0.30%

Residential Investment Variable, Connect Package Variable (investor), Equity Line of Credit (investor)

5 Apr
Beyond Bank Up 0.10% - 0.29%

Pinnacle Plus Package - Variable, Pinnacle Plus Package - All in one, Standard Variable (owner occupier + investor), Total Home Loan Package Variable (owner occupier)

26 Apr
Beyond BankDown 0.05%

Total Home Loan Package Variable (investor)

26 Apr
CUAUp 0.02%

Rate Breaker Package (owner occupier + investor)

18 Apr
G&CUp

0.06-0.18%

Premium Home Loan Package (owner occupier + investor), Solutions Home Loan Package (owner occupier + investor), Standard Variable Home Loan (owner occupier + investor), Construction Home Loan (owner occupier + investor)

4 Apr
Greater BankUp 0.07 0.20%

Discounted Variable (owner occupier + investor), Standard Variable (owner occupier + investor) Line of Credit

26 Apr
Heritage BankUp 0.10% - 0.25%

Discount Variable (owner occupier + investor), Advantage Package (owner occupier + investor), Living Equity Line of Credit (owner occupier + investor)

11 Apr
Homeloans Up 0.22%

Ultra Plus Variable (owner occupier + investor)

21 Apr
IMBUp 0.10% - 0.25%

Budget Home Loan (owner occupier), Accelerator Home Loan (owner occupier), Essentials Home Loan (owner occupier + investor), Introductory Home Loan (owner occupier), Discount Split Home Loan (owner occupier), Standard Variable Home Loan (owner occupier + investor), Equity Line Advantage (owner occupier + investor), Lo Doc Home Loan, Platinum Package (owner occupier + investor)

5 Apr
ING DirectUp 0.25%Orange Advantage Home Loan (investor), Mortgage Simplifier Home Loan (investor)4 Apr
loan.com.auUp 0.05% - 0.20%Essentials Variable - (owner occupier + investor), Offset Variable - (owner occupier + investor)18 Apr
MEUp 0.20% - 0.40%Basic Home Loan - (investor), Flexible Home loan (investor), Flexible Home loan Fixed with Members Package (owner occupier + investor)27 apr
MOVEDown 0.05%Lockit Home Loan - 3 Years7 Apr
Newcastle Permanent Bulding SocietyDown 0.10%Newcastle Permanent Building Society Premium Plus Package New customer P&I + IO1 May
People's Choice Credit UnionUp 0.28%Line of Credit, Home Loan Package LOC12 Apr
Pepper MoneyUp by 0.10% - 0.25%

Advantage Alt Doc , Advantage Alt Doc Plus, Advantage Full Doc, Advantage Full Doc Plus , Easy Alt Doc, Easy Alt Doc Plus, Easy Full Doc, Essential Full Doc & Essential Plus Full Doc

24 Apr
St.GeorgeUp 0.08% - 0.31%Variable Rate Home Loans (owner occupier, interest only), Variable Rate Home Loans (investor, principal and interest + interest only)8 May
UbankUp 0.20%Standard Variable Rate Home Loans (investor)21 Apr
Virgin MoneyUp 0.15%-Variable Rate Home Loan (owner occupier only)5 Apr
LenderChangeLoans affectedDate effective
Bank AustraliaUp 0.10% - 0.30%Basic Home Loan - 1, 2, 3, 4, 5 Years Fixed (owner occupier), Premium Fixed Rate Home Loan - 1, 2, 3, 4, 5 Years Fixed (owner occupier), Premium Home Loan Package - 1, 2, 3, 4, 5 Years Fixed (owner occupier)13 Apr
Bendigo BankUp 0.30%Fixed Rate Home Loan - 1, 2, 3, 4, 5 Years Fixed (investor), Connect Package - 1, 2, 3, 4, 5 Years Fixed (investor), Basic Home Loan - 1, 2, 3, 4, 5 Years Fixed (investor)5 Apr
Beyond Bank0.05% - 0.25%Pinnacle Plus Package Fixed - 1, 2, 3, 4, 5 Years Fixed (owner occupier + investor), Fixed Rate Home Loan - 2, 3 Years Fixed (owner occupier + investor), Total Home Loan Package - 2, 3 Years Fixed (owner occupier + investor)26 Apr
Beyond Bank Down 0.05%Total Home Loan Package - 1, 4, 5 Years Fixed (investor)26 Apr
BOQUp 0.15%Home Loan Privileges Package - 3 Years Fixed (owner occupier + investor)5 Apr
Catalyst MoneyUp 0.20%Fixed Lite Home Loan - 3 Years Fixed (owner occupier), Fixed Home Loan - 3 Years Fixed (owner occupier)3 Apr
HomeloansUp 0.22%Ultra Plus Fixed Home Loan - 1, 2, 3, 4, 5 (investor)21 Apr
Illawarra Credit UnionUp 0.20%Fixed Lite Home Loan - 3 Years Fixed (owner occupier), Fixed Home Loan - 3 Years Fixed (owner occupier)3 Apr
IMBUp 0.04% - 0.14%Fixed Rate Home Loan - 3, 5 Years Fixed (owner occupier + investor), Platinum Package Home Loan - 3, 5 Years Fixed (owner occupier + investor)5 Apr
MEUp 0.10% - 0.15%Flexible Home Loan - 1, 2, 3 Years Fixed (owner occupier + investor), Flexible Home Loan with Member Package - 1, 2, 3 Years Fixed (owner occupier + investor), Flexible Home Loan Interest in Advance - 1 Year (investor), Flexible Home Loan with member Package - 1 Year (investor)7 Apr
MEUp 0.20% - 0.25%Flexible Home Loan Fixed - 1, 2, 3, 4, 5, 6, 7, (investor), Flexible Home Loan Fixed with Members Package - 1, 2, 3, 4, 5, 6, 7, (investor)27 Apr
Newcastle Permanent Building SocietyUp 0.10%Standard Fixed Home Loan - 4, 5, 7, 10 Years Fixed24 Apr
Newcastle Permanent Building SocietyDown 0.10%Fixed Rate Special Home Loan - 1, 2, 3 Years Fixed (Owner Occupier)24 Apr
Newcastle Permanent Building SocietyDown 0.10%Fixed Rate Special Home Loan - 4,5 Years P&I + IO (owner occupier), Standard Fixed Rate - 4, 5 Years P&I + IO (owner occupier)1 May
UbankDown 0.10%UBank UHomeLoan - 5 Years Fixed Rate (Owner Occupier + Investor)21 April
UbankUp 0.10% - 0.30%UBank UHomeLoan - 1,3 Years Fixed Rate (Owner Occupier + Investor)21 April
Virgin MoneyUp 0.15%Virgin Reward Me Fixed Home Loan - 3 Years Fixed (Investor)5 Apr
Western City Credit Union

Up 0.20%

Fixed Lite Home Loan - 3 Years Fixed (owner occupier), Fixed Home Loan - 3 Years Fixed (owner occupier)

3 Apr

Compare home loans for September 2017 to make sure you're getting the best rate

Rates last updated September 23rd, 2017
$
Loan purpose
Offset account
Loan 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
3.64%
3.66%
$0
$0 p.a.
80%
A basic home loan with a competitive rate and low fees.
3.54%
3.54%
$440
$0 p.a.
80%
Borrow up to 80% LVR with no ongoing fees and a 100% offset account.
3.74%
3.74%
$0
$0 p.a.
80%
Combine a low variable interest rate and free redraw with no application or ongoing fees.
3.64%
3.66%
$0
$0 p.a.
80%
A home loan with a competitive variable rate, limited fees and plenty of flexibility.
3.69%
3.72%
$0
$0 p.a.
80%
A low rate home loan with no ongoing fees.
3.49%
4.47%
$0
$375 p.a.
90%
Discount off an already competitive interest rate for loans over $150k. NSW, QLD and ACT residents only.
3.72%
3.74%
$0
$0 p.a.
80%
Take advantage of a 100% offset account along with no annual or application fees.
3.79%
3.84%
$445
$0 p.a.
90%
A special limited time offer for owner occupiers. An IMB Transaction Account must be opened with this loan.
3.79%
3.92%
$0
$10 monthly ($120 p.a.)
80%
A competitive variable rate home loan with flexible features. You can earn 30,000 Velocity Points for every $100k you borrow (for a limited time, subject to eligibility requirements).
3.86%
3.87%
$0
$0 p.a.
80%
Pay no ongoing fees on a competitive variable rate home loan.
3.69%
4.86%
$0
$395 p.a.
90%
A special rate for first home buyers buying residential property and borrowing over $150K. 350K NAB Rewards Points offer available. Terms and conditions apply.
3.69%
4.15%
$395
$0 p.a.
80%
A one year fixed rate offer with no ongoing bank fees.
3.77%
3.81%
$200
$0 p.a.
95%
A basic home loan with a low interest rate and a redraw facility available.
3.84%
3.84%
$0
$0 p.a.
110%
Requires a family member to act as guarantor. Discounted rate available with family pledge loans. Family pledge loans require no LMI and no deposit. NSW, Qld and ACT only.
3.79%
4.00%
$0
$10 monthly ($120 p.a.)
90%
Get a competitive interest rate for 3 years and a discounted variable rate when the fixed period ends.
3.74%
4.06%
$0
$299 p.a.
95%
A loan with no application fee and borrow up to 95% LVR.
3.97%
4.02%
$445
$0 p.a.
90%
Get a competitive rate without features you may not use.
3.84%
3.84%
$0
$0 p.a.
90%
A competitive variable rate with a redraw facility. NSW, QLD and ACT residents only.
3.68%
3.69%
$0
$0 p.a.
80%
A competitive variable rate product with low fees offered by a 100% online lender.
3.74%
3.75%
$0
$0 p.a.
70%
A special variable rate home loan with no application or ongoing fees.
3.69%
4.00%
$0
$350 p.a.
95%
Fix your rate for 3 years and borrow up to 95% LVR.
3.85%
4.10%
$500
$0 p.a.
95%
Apply for Easy Street fixed rate home loans and get a competitive loan with a fixed interest rate.
3.69%
3.75%
$600
$0 p.a.
80%
A low interest rate variable home loan with no ongoing fees.
3.97%
3.99%
$0
$0 p.a.
90%
A low rate variable home loan offer with no monthly fees or application fee charge.
3.74%
4.81%
$0
$0 p.a.
95%
Get a competitive 2-year fixed rate with no application or ongoing fees.
3.72%
4.19%
$0
$0 p.a.
80%
Enjoy a variable 3 year introductory rate with the Bankwest Equaliser Home Loan.
3.88%
4.89%
$0
$395 p.a.
95%
A fixed rate package with flexible repayment options. 350K NAB Rewards Points offer available. Terms and conditions apply.
4.09%
4.12%
$0
$0 p.a.
80%
Access the equity in your home with a competitive interest rate and no application fee.
3.69%
4.45%
$0
$375 p.a.
90%
Discount off an already competitive 2 year fixed rate for loans over $150k. NSW,QLD and ACT residents only.
3.97%
3.97%
$0
$0 p.a.
80%
A competitive variable rate home loan with no ongoing fees.
3.83%
3.83%
$0
$0 p.a.
70%
A special low variable rate for owner occupiers with 100% offset account and no application or ongoing fees.
3.64%
3.64%
$0
$0 p.a.
70%
A basic low-rate home loan that still offers some useful features.
3.74%
4.85%
$0
$0 p.a.
95%
Enjoy a low interest rate and borrow up to 95% (with LMI) of your property's value.
4.19%
4.19%
$0
$0 p.a.
90%
Access to redraw facility and offset account without the annual fee.
3.64%
4.83%
$0
$0 p.a.
95%
Owner-occupiers can lock in a competitive rate with no ongoing fees. Conditions apply.
4.03%
4.07%
$0
$0 p.a.
95%
Enjoy a basic home loan with a high LVR and no application or ongoing fees.
3.85%
4.95%
$0
$395 p.a.
95%
A discounted package rate for owner occupiers with the ability to package a Qantas rewards earning Amplify credit card. $1,500 cashback available for refinancers. Conditions apply.
3.99%
4.99%
$0
$395 p.a.
95%
A package home loan with fee free extra repayments available during the fixed term.
4.39%
5.42%
$300
$10 monthly ($120 p.a.)
95%
Lock in a competitive fixed rate for 3 years.
3.69%
4.03%
$0
$299 p.a.
80%
Enjoy a low variable rate with no application fee.
3.88%
4.47%
$0
$0 p.a.
95%
This competitive introductory rate is a limited time offer for new owner-occupiers
3.68%
3.69%
$600
$0 p.a.
90%
Get a low variable rate along with some important basic features.
3.80%
3.81%
$0
$0 p.a.
95%
A no frills loan with a competitive rate and a maximum LVR of 95%.

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