New home loan rate changes for March 2017 | Finder

New home loan rate changes for March 2017 [updated]

Posted: 24 March 2017 3:00 pm
News
March rate changes

Seven months of no change from the RBA hasn't stopped lenders from making changes to interest rates.

UPDATE 30 March 2017: ING Direct and Victoria Teachers Mutual Bank.

As predicted, the RBA made the decision to keep the cash rate on hold for another month. Lenders, however, have started changing rates. After already making out-of-cycle moves earlier this year as well as in November and December last year, there is no longer any expectation that lenders will wait to change interest rates in line with the RBA.

Big four bank changes

LenderChangeLoans affectedDate effective
ANZUp 0.25%Variable Rate Home Loans (investor, principal and interest)31 Mar
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
NABUp 0.07% - 0.25%Variable Rate Home Loans (owner occupier + investor)24 Mar
NABUp 0.19% - 0.80%Interest Only in Advance Fixed Rate - Tailored 2, 3 and 4 Years Fixed, Interest Only in Advance Fixed Rate - 2, 3 and 4 Years with Choice Package24 Mar
NABDown 0.05% - 0.25%Interest Only in Advance Fixed Rate - Tailored 1 and 5 Years Fixed, Interest Only in Advance Fixed Rate - 1 and 5 Years with Choice Package24 Mar
WestpacUp 0.03% - 0.28%Variable Rate Home Loans (owner occupier + investor and principal & interest + interest only)24 Mar
WestpacUp 0.78% - 1.00%SMSF Investment Property Loan - 1, 2, 3, 4, 5, 6, 7, 9 and 10 Years Fixed24 Mar
WestpacDown 0.40% - 0.47%Advantage Package Fixed Rate Home Loan - 1 Year Fixed (owner occupier + investor) Advantage Package Low Doc Loan - 1 Year Fixed (owner occupier + investor) Fixed rate products have also been split between interest only repayments and principal and interest.24 Mar

All other rate changes

LenderChangeLoans affectedDate effective
AMPUp 0.07% - 0.28%Variable Rate Home Loans (owner occupier + investor, principal and interest + interest only)31 Mar(3 Apr for existing customers)
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 0.15%

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

15 Mar
Beyond BankUp 0.10%

Low Rate Special Home Loan - Variable (owner occupier)

7 Mar
Bendigo BankUp 0.25%

Variable Rate Home Loans (investor)

31 Mar
CUAUp 0.10% - 0.27%

Start Home Loan - Variable (owner occupier + investor), Start Basic Home Loan - Variable (owner occupier + investor), Fresh Start Access - Variable (owner occupier + investor)

30 Mar
Delphi BankUp 0.25%

Residential Investment

31 Mar
Heritage BankUp 0.10% - 0.11%

Advantage Package Home Loan - Variable (owner occupier)

14 Mar
HomeloansUp 0.05% - 0.25%

Optima Line of Credit (owner occupier), Optima Offset Home Loan - Variable (owner occupier + investor)

23 Mar
Illawarra Credit UnionUp 0.05% - 0.15%Variable Lite & Variable Home Loans (owner occupier)1 Mar
IMBUp 0.05%Accelerator Home Loan - Variable (owner occupier)13 Mar
ING DirectUp 0.25%Orange Advantage Home Loan (investor), Mortgage Simplifier Home Loan (investor)4 Apr
Macquarie BankUp to 0.05%

Basic Home Loan - Variable LVR <=80%, LVR <=90% (owner occupier + investor), Offset Package Home Loan - Variable LVR <=80%, LVR <=90% (owner occupier + investor)

6 Mar
Macquarie BankDown 0.05 - 0.10%

Basic Home Loan - Variable LVR <=90% (owner occupier), Offset Package Home Loan - Variable LVR <=90% (owner occupier)

6 Mar
Macquarie BankUp 0.25%

Basic Home Loan - Variable (owner occupier + investor), Offset Package Home Loan - Variable (owner occupier + investor)

23 Mar
MEUp 0.14-0.15%

Flexible Home Loan With Member Package (owner occupier + investor)

31 Mar
MOVEUp 0.30%Wealth Builder - Variable (investor), Flexi Home Credit - Variable1 Mar
People's Choice Credit UnionUp 0.19%Basic Home Loan - Variable (owner occupier)15 Mar
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
Victoria Teachers Mutual Bank

Up 0.07% - 0.10%

Standard Home Loan - Variable (owner occupier + investor), Complete Home Loan - Variable (owner occupier + investor), Education Package - Variable (owner occupier + investor), Complete Home Loan - First Home Buyer Variable (owner occupier + investor), Education Package - First Home Buyer (owner occupier + investor)

21 Mar
LenderChangeLoans affectedDate effective
BankwestUp 0.15%Complete Home Loan Package - 2, 3, 4, 5 Years Fixed (investor), Fixed Rate Home Loan - 2, 3, 4, 5 Years Fixed (investor)15 Mar
Beyond BankUp 0.05% - 0.10%Fixed Rate Home Loan - 1, 2, 3, 4, 5 Years Fixed (owner occupier), Total Home Loan Package - 1, 2, 3, 4, 5 Years Fixed (owner occupier)7 Mar
Catalyst MoneyUp 0.20%Fixed Lite Home Loan - 3 Years Fixed (owner occupier), Fixed Home Loan - 3 Years Fixed (owner occupier)3 Apr
CUAUp 0.15% - 0.31%Fixed Rate Home Loan - 1, 2, 3, 4, 5 Years Fixed (investor), Premium Fixed Home Loan - 1, 2, 3, 4, 5 Years Fixed (investor)21 Mar
Greater BankUp 0.05% - 0.010%Ultimate Home Loan - 2, 3, 4, 5 Years Fixed (owner occupier + investor), Ultimate Discounted Home Loan - 2, 3, 4, 5 Years Fixed (owner occupier + investor)27 Mar
Greater Bank Down 0.05%Great Rate Home Loan - 2, 3, Years Fixed (owner occupier), Great Rate Discounted Home Loan - 2, 3, Years Fixed (owner occupier)27 Mar
Heritage BankUp 0.10%Fixed Rate Home Loan - 1,2,3 (owner occupier + investor), Advantage Package Fixed Rate Home Loan - 1,2,3 (owner occupier + investor)9 Mar
HomeloansUp 0.25%Optima Home Loan - 1, 2, 3, 4, 5 Years Fixed (owner occupier + investor)23 Mar
Illawarra Credit UnionUp 0.20%Fixed Lite Home Loan - 3 Years Fixed (owner occupier), Fixed Home Loan - 3 Years Fixed (owner occupier)3 Apr
IMB

Up 0.10%

Platinum Package - 2 & 3 Years Fixed rate (owner occupier + investor), Fixed Rate Home Loan - 2 & 3 Years Fixed Rate (owner occupier + investor)

6 Mar
ING DIRECT

Up 0.10%

Fixed Rate Home Loan - 3, 4, 5 Years (Investor)

4 Apr
Macquarie Bank

Up 0.25%

Basic Home Loan - 2, 3, 5 Years Fixed (owner occupier + investor), Offset Home Loan Package - 2, 3, 5 Years Fixed (owner occupier + investor)

23 Mar
MOVE

Down 0.06%

Lockit Home Loan - 1 Year Fixed rate

1 Mar
Newcastle Permanent

Up 0.10%

Fixed Rate Home Loan - 1, 2, 3, 4, 5, 6, 7, 10 Years Fixed (both), Fixed Rate Special Offer - 1, 2, 3, 4, 5, 6, 7, 10 Years Fixed (owner occupier)

27 Mar
People's Choice Credit Union

Up 0.05%

Home Loan Package - 3 Years Fixed (owner occupier)

15 Mar
Teachers Mutual Bank

Up 0.07%

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

24 Mar
Victoria Teachers Mutual Bank

Up 0.05% - 0.20%

Standard Home Loan - 1, 2, 3, 4 and 5 Years Fixed Rate (owner occupier + investor), Complete Home Loan - 1, 2, 3, 4 and 5 Years Fixed Rate (owner occupier + investor), Education Package - 1, 2, 3, 4 and 5 Years Fixed Rate (owner occupier + investor)

21 Mar
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

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