Adelaide Bank and Bendigo Bank have recently adjusted their fixed rates.

These are just a few of the changes that took place in these banks.

Bendigo Bank

  • Complete Home Loan Fixed P&I 3 yrs25bps increase up to 2.79% per year (2.75% p.a. Comparison rate
  • Total Home Loan Fixed IO for 3 Years50bps increase to 3.599% per annum (3.06% P.A. Comparison rate
  • Investment Complete Home Loan Fixed P&I 3 yrs– 25bps to 2.99% per annum (2.87% p.a. Comparison rate

Adelaide Bank

  • Investment SmartSaver Fixed P&I 3 yrs– From 2.75 to 20bps p.a. (2.97% p.a. Comparison rate
  • Investment SmartSaver Fixed P&I 5 yrs40bps increase to 3.29 % p.a. (3.15% p.a. Comparison rate
  • SmartFix P&I 3 yrs– Up to 24bps, or 2.64% p.a. (2.99% p.a. Comparative rate
  • SmartSaver Fixed P&I 3 yrs– 40bps to 2.64% per year (2.79% p.a. Comparison rate

These are lenders who have adjusted their variable or fixed rates over the past week.

Gateway Bank

Gateway Bank, which is owned customers, has made several modifications to its fixed rate loan for investors and owners-occupiers.

The largest adjustment was made to the Premium Investment Fixed 5 yrs IO 150k+The saw a 34bps increase to 3.39% per year (3.84% p.a. Comparison rate

These are some other important changes:

  • Fixed 1-year investment– 20bps reduction to 2.899% per annum (5.02% p.a. (5.02% p.a.
  • Residential Fixed 1 year – Down 20bps to 2.299% p.a. (4.10% p.a. (4.10% p.a.
  • Residential Fixed 5 Years– 19bps – 3.008% p.a. (3.94% p.a. Comparison rate
  • Premium Residential Fixed 3 yrs 150k+23bps increase to 22.77% p.a. (3.33% p.a. Comparison rate

IMB

IMB reduced its variable interest rate under Essential Home Loan.

Discounts are available for both investors and owners-occupiers.

Here are some modifications:

  • Essentials Home Loan P&I ≤70%26bps drop to 2.73% per annum (2.69% p.a. Comparison rate
  • Essentials Home Loan IO ≤70%26bps reduction to 2.43% p.a. (2.57% p.a. Comparison rate
  • Investment Essentials Home Loan P&I ≤80%– 20bps reduction to 2.78% per annum (2.97% p.a. Comparison rate
  • Investment Essentials Home Loan IO ≤80% – 20bps to 3.08% per year (3.09% p.a. Comparison rate

UBank

NAB-backed UBank increased its fixed rates on UHomeLoan for three and five years by 40bps These are the new rates

  • UHomeLoan Fixed P&I 3 yrs – 2.49% p.a. (2.29% p.a. Comparison rate
  • UHomeLoan Fixed P&I 5 yrs – 2.99% p.a. (2.53% p.a. Comparative rate
  • Inv UHomeLoan Fixed P&I 3 yrs – 2.64% p.a. (2.44% p.a. Comparative rate
  • Inv UHomeLoan Fixed P&I 5 yrs – 3.04% p.a. (2.64% p.a. Comparison rate

Great Southern Bank

Great Southern Bank, Australia’s largest customer-owned bank has updated its fixed rates and variable rates.

These are the major changes:

  • Basic Variable P&I ≤80%– 20bps decrease at 2.19% p.a. (2.24% p.a. Comparison rate
  • Fixed P&I 3 yrs– 57bps to 2.59% p.a. (3.51% p.a. Comparative rate
  • Fixed P&I 5 yrs – From 2.899% to 30bps p.a. (3.46% p.a. Comparison rate
  • Investment Fixed P&I 2 yrs– 40bps to 2.89% per year (3.95% p.a. Comparison rate
  • Investment Fixed P&I 3 yrs– Increased 34bps to 2.69% p.a. (3.85% p.a. Comparison rate

Auswide Bank

Auswide Bank has increased its fixed rates residential and investment up to 20bps. These are the new rates.

  • Freedom Package Fixed P&I 3 yrs ≤75% Special – 2.29% p.a. (2.72% p.a. Comparison rate
  • Freedom Package Investment Fixed P&I 3 yrs ≤75% Special Offer – 2.49% p.a. (2.91% p.a. Comparison rate

86 400

86 400 has seen significant increases in its fixed rates, with its Fixed Home Loan for 5 YearsCurrent interest rate is 3.59% per annum (3.03% p.a. Comparative rate is 5.03% p.a. This represents a 55bps increase.

These are just a few other changes that you should be aware of:

  • Own Home Loan Fixed P&I 3 yrs 80-85%– 50bps to 2.99% p.a. (3.08% p.a. Comparative rate
  • Investment Own Home Loan Fixed P&I 5 yrsMaximum 40bps, up to 3.39% per annum (3.19% p.a. Comparison rate

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