Well it's been a little while since I posted here as I was spending more time posting on the Facebook site...but anyway here's the latest on interest rates!
So since the beginning of 2018 there have been some exciting moves in interest rates for home owners and investors (with Principal & Interest Repayments). Chances are that if you haven’t had your loan reviewed in the past 3 to 6 months there may be a better deal out there for you.
Please see the tables below for the current top 5 Variable and Fixed rates (2 & 3 Years) for home owners and investors from our panel of over 30 lenders.
Top 5 Owner Occupied Loans
1st Rate
3.59% (offered by 4 lenders) 100% Variable
3.69% (offered by 2 lenders) 2 Year Fixed
3.74% (offered by 1 lender) 3 Year Fixed
2nd Rate
3.64% (2 lenders) 100% Variable
3.78% (3 lenders) 2 Year Fixed
3.79% (3 lenders) 3 Year Fixed
3rd Rate
3.65% (3 lenders) 100% Variable
3.79% (2 lenders) 2 Year Fixed
3.83% (1 lender) 3 Year Fixed
4th Rate
3.68% (1 lender) 100% Variable
3.84% (1 lender) 2 Year Fixed
3.84% (1 lender) 3 Year Fixed
5th Rate
3.69% (1 lender) 100% Variable
3.85% (1 lender) 2 Year Fixed
3.87% (2 lender) 3 Year Fixed
(Rates correct as of the 6th Feb 2018 and are based on a minimum loan size of $250k & an LVR of 80% or less. T&C’s do apply for all lenders.)
Top 5 Investment Loans
1st Rate
3.89% (offered by 4 lenders) 100% Variable
3.74% (offered by 1 lender) 2 Year Fixed
3.89% (offered by 1 lender) 3 Year Fixed
2nd Rate
3.97% (1 lender) 100% Variable
3.89% (2 lenders) 2 Year Fixed
3.99% (3 lenders) 3 Year Fixed
3rd Rate
3.99% (4 lenders) 100% Variable
3.94% (1 lender) 2 Year Fixed
4.09% (2 lenders) 3 Year Fixed
4th Rate
4.09% (4 lenders) 100% Variable
3.95% (1 lender) 2 Year Fixed
4.14% (1 lender) 3 Year Fixed
5th Rate
4.14% (1 lender) 100% Variable
3.98% (1 lender) 2 Year Fixed
4.19% (3 lenders) 3 Year Fixed
If you wish to find out more about these deals or have us run a comparison report on your current loan compared to some of these rates, please contact us at ‘reuben@horizonmortgages.com.au’ or on 0488 798 787.
……and please remember we offer a free service and we’re mobile so we can come to you at a time and place that suits.