New home loan rate changes for March 2017 [updated]

Jodie Humphries 24 March 2017

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
Western CityUp 0.05% - 0.15%Variable Lite & Variable Home Loans (owner occupier)1 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

Compare home loans for February 2018 to make sure you're getting the best rate

Rates last updated February 25th, 2018
$
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
3.59%
3.60%
$0
$0 p.a.
90%
Enjoy a low variable rate with no ongoing fees and borrow up to 90% of the value of the property.
3.52%
3.54%
$0
$0 p.a.
80%
A basic home loan with a competitive rate and low fees.
3.49%
4.49%
$0
$375 p.a.
90%
Discount off an already competitive interest rate for loans over $150k. NSW, QLD and ACT residents only.
3.52%
3.53%
$0
$0 p.a.
80%
A competitive variable rate product with no application or valuation fees offered by a 100% online lender.
3.68%
3.83%
$0
$10 monthly ($120 p.a.)
80%
A low interest rate home loan that allows borrowers to borrow up to 80% of the property value.
3.54%
3.58%
$0
$0 p.a.
80%
A variable rate home loan with competitive rate, redraw facility and offset account.
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.
3.74%
3.74%
$0
$0 p.a.
80%
Pay no application fee or ongoing fees with this loan.
3.69%
3.69%
$0
$0 p.a.
90%
A special limited time offer for owner occupiers. An IMB Transaction Account must be opened with this loan.
3.64%
3.67%
$0
$0 p.a.
80%
A low rate home loan with no ongoing fees.
3.99%
4.00%
$0
$0 p.a.
80%
A low-fee variable rate investor loan with a fast online application process.
3.65%
3.66%
$0
$0 p.a.
90%
A competitive variable rate home loan with no application fee.
3.77%
3.81%
$200
$0 p.a.
95%
A basic home loan with a low interest rate and a redraw facility available.
3.69%
3.69%
$0
$0 p.a.
80%
Enjoy a low variable interest rate and no application or ongoing fees.
3.59%
3.96%
$0
$349 p.a.
90%
A variable package loan for a larger loan size with no monthly fees.
3.74%
3.75%
$0
$0 p.a.
80%
A special variable rate home loan with no application or ongoing fees.
3.62%
3.62%
$0
$0 p.a.
80%
A discounted, competitive variable rate loan with limited fees.
3.64%
3.67%
$0
$0 p.a.
80%
A home loan with a competitive variable rate, limited fees and plenty of flexibility.
3.74%
3.74%
$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.
3.64%
4.03%
$0
$395 p.a.
80%
Apply for a new owner occupier loan or refinance from another lender and receive this discounted rate.
3.78%
3.78%
$0
$0 p.a.
80%
A basic low-rate home loan that still offers some useful features.
3.99%
4.41%
$0
$395 p.a.
90%
A discounted home loan variable rate that comes with a competitive package, an eligible credit card and an offset transaction account.
4.11%
4.01%
$0
$0 p.a.
80%
Enjoy a fast application process and flexible repayment options with this fixed rate investment loan.
3.74%
3.74%
$0
$0 p.a.
90%
A competitive variable rate with a redraw facility. NSW, QLD and ACT residents only.
4.09%
4.12%
$0
$0 p.a.
95%
This loan has a high max insured LVR, making it an option for low deposit borrowers.
3.99%
4.62%
$395
$0 p.a.
80%
Fix your interest rate and pay principal and interest repayments on your investment.
4.14%
4.14%
$0
$0 p.a.
80%
An investment home loan with competitive rate and 100% offset account.
3.65%
4.84%
$0
$395 p.a.
90%
A 2 years fixed platinum package that has $0 application and a loan redraw facility.
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.
90%
Access a fee-free offset account and a special interest rate for investors.
3.89%
4.87%
$0
$0 p.a.
90%
Enjoy a low interest rate and borrow up to 90% (with LMI) of your property's value.
3.89%
5.40%
$0
$395 p.a.
95%
A package investment loan with a competitive, discounted interest rate and 0 application fees.
3.97%
4.02%
$445
$0 p.a.
90%
Get a competitive rate without features you may not use.
3.84%
4.83%
$0
$0 p.a.
80%
Get a competitive 2-year fixed rate with no application or ongoing fees.
3.97%
3.97%
$0
$0 p.a.
90%
A competitive variable rate home loan with no ongoing fees.
3.64%
3.64%
$0
$0 p.a.
70%
A low-rate basic home loan requiring a 30% deposit.
3.69%
4.00%
$0
$350 p.a.
95%
Fix your rate for 3 years and borrow up to 95% LVR.
3.94%
3.97%
$0
$0 p.a.
80%
Access the equity in your home with a competitive interest-only rate and no application fee.
4.09%
4.11%
$0
$0 p.a.
80%
A low variable rate loan with no application or ongoing fees.
4.19%
4.19%
$0
$0 p.a.
90%
Access to redraw facility and offset account without the annual fee.
3.69%
4.47%
$0
$375 p.a.
90%
Discount off an already competitive 2 year fixed rate for loans over $150k. NSW, QLD and ACT residents only.
3.58%
3.58%
$0
$0 p.a.
70%
A low interest rate home loan with no application or ongoing fees.
3.68%
3.69%
$0
$0 p.a.
95%
A no frills loan with a competitive rate and a maximum LVR of 95%.
4.09%
3.79%
$0
$0 p.a.
95%
A competitive 3-year fixed rate loan with a high max insured LVR.
3.85%
4.82%
$600
$35 monthly ($420 p.a.)
90%
Low fixed rate offer from HSBC. Reverts to a discounted variable rate after the initial term.
3.64%
3.65%
$500
$0 p.a.
95%
A basic home loan with a promotional variable interest rate.
3.88%
4.88%
$0
$395 p.a.
95%
Refinance from your existing loan and get a $1,250 rebate. Lock in a discounted fixed rate with a low service fee.
3.69%
3.71%
$0
$0 p.a.
90%
A low rate variable home loan offer with no monthly fees or application fee charge.
3.64%
3.78%
$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).
3.69%
3.69%
$0
$398 p.a.
70%
Enjoy a low variable rate with no application and ongoing fees.
3.87%
3.87%
$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.
3.79%
3.80%
$0
$0 p.a.
80%
A competitive rate with no ongoing monthly fees or application fees.
3.99%
4.03%
$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.
3.59%
4.42%
$600
$0 p.a.
95%
This competitive introductory rate is a limited time offer for new owner-occupiers
3.68%
3.69%
$0
$0 p.a.
90%
Get a low variable rate along with some important basic features.

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