Top 3 Interest Rates for Variable and Fixed Loans for August 2018

Top 3 Interest Rates for August 2018!

In the past 6 months we have seen a small amount of movement in interest rates. Tables below illustrate the current top 3 Variable and Fixed rates (2 & 3 Years) for home owners and investors from our panel of over 30 lenders.

(Rates correct as of the 23rd August  2018 and are based on a minimum loan size of $250k with P&I repayments & an LVR of 80% or less. T&C’s do apply for all lenders.)

Top 3 Owner Occupied Loans

1st Rate
3.59% (offered by 1 lender) 100% Variable
3.69% (offered by 2 lenders) 2 Year Fixed
3.74% (offered by 1 lender) 3 Year Fixed

2nd Rate
3.64% (3 lenders) 100% Variable
3.72% (1 lender) 2 Year Fixed
3.79% (3 lenders) 3 Year Fixed

3rd Rate
3.65% (4 lenders) 100% Variable
3.75% (3 lenders) 2 Year Fixed
3.83% (2 lenders) 3 Year Fixed

Top 3 Investment Loans

1st Rate
3.87% (offered by 1 lender) 100% Variable
3.89% (offered by 1 lender) 2 Year Fixed
3.99% (offered by 4 lender) 3 Year Fixed

2nd Rate
3.92% (1 lender) 100% Variable
3.95% (2 lenders) 2 Year Fixed
4.09% (5 lenders) 3 Year Fixed

3rd Rate
3.95% (1 lender) 100% Variable
3.98% (1 lender) 2 Year Fixed
4.14% (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.