Home loan interest rates

[Unsure]

Hi, I was just wondering what interest rates people have on their home loans. Mine is through ANZ & is at 7.72% at the moment, and I was thinking about re-financing if I can find a lower interest rate without too many "other" fees involved.

Also do you have to have an account with your lender?

My previous loan I had was through Homeside Lending - but I didn't have an account with the National Bank, whereas with ANZ we have to have an account with them, so there are added charges for having that specific account.

[mummajuice]

We are through Rams and have a variable rate of 7.55% (was 7.26% until the RBA decided they wanted more of our aldready stretched money). There's an annual fee of about $300 as well.

Maybe you should have a chat with a mortgage broker - I'm sure there are a few on here somewhere :thumbsup:

[Me]

I am also with ANZ and on 7.72%. If you are looking at changing, I too would chat to a mortgage broker, they can let you know what your options are and let you know what's best for your situation.

[punkbaby]

We are with liberty and currently since the rise its 7.6% happy with that though as it only upped it $5 a month :D

[Zada]

liberty finance 7.68%

[andie_pandie]

Maybe you should have a chat with a mortgage broker - I'm sure there are a few on here somewhere :thumbsup:

If you want me to check out some of the lowest rates available at the current time PM and I can check them out for you properly.

[andyandy1974]

I am with www.onedirect.com.au currently 7.46 %

[my2boyz]

We are with homepath and are currently on 7.46% at a variable rate

[Susan Mac]

we are with maxis loans - about to go up to 7.99% but no fees and unlimited redraws.

Definitely see a mortgage broker, and check out comparison rates.

[Rachael]

I just refinanced to Westpac and have a locked in 1 year rate of 7.16% after a year it goes to standard variable but I can pay a $500 fee to have the reduced rate again locked in. Worth it for me as it is a hefty sized mortgage.

There is a bank called The Rock that has a rate of 6.99% atm. Think it is locked in for one year as well.

[YoungSupaMum]

were locked in to a 5 year term @ 7.15% with St George bank.

[kellz123]

That's great 7% sounds like a great rate but I'm looking for more along the lines of 5% fixed for my new home loan. I may go through gmac (http://www.gmacmortgage.com/index.html) for the loan. Any suggestions?

[Rachael]

That's great 7% sounds like a great rate but I'm looking for more along the lines of 5% fixed for my new home loan. I may go through gmac (http://www.gmacmortgage.com/index.html) for the loan. Any suggestions?


That is a american company that you have linked.

You will never find someone lending at 5% especially fixed lol, not in Australia this year anyway:rolleyes:

[Cinta]

7.19% fixed for 5 years. We can redraw, we get no fees & can make extra repayments at no charge.
We are lucky we got in at the right time :yes: