Daily insights ·
8 insights from the product data Australian lenders published under the Consumer Data Right that day, ranked by the size of the move, weighted toward the biggest lenders and the breadth of the reprice. The same wording appears on the home page the morning it is written.
The 6.34% is the variable rate on the Basic Home Loan for owner-occupiers paying principal and interest, with a deposit of 40% or more. Its 3-year fixed home loan rate for investors paying interest only moved furthest, up 1.00pp to 7.04%. Connective Select and AFG Home Loans Alpha, the same group, made the same move.
The 6.24% is the 3-year fixed rate on 3-Year Fixed Home Loan Package Principal and Interest for owner-occupiers paying principal and interest. Its other variable home loan rates rose too, by 0.10pp to 0.95pp. Its 1- to 2-year fixed home loan rates rose 0.25pp to 0.50pp. Its variable home loan rate for investors paying interest only moved furthest, up 0.95pp to 7.74%.
The 6.64% is the variable rate on Simplicity PLUS for owner-occupiers paying principal and interest, with a deposit of 40% or more. Fixed rates rose most for investors paying interest only, by 0.15pp to 0.25pp. For other borrowers the 1-year fixed rate rose 0.20pp, 2-, 4- and 5-year 0.25pp, 3-year 0.20pp to 0.25pp.
The 6.34% is the variable rate on Digi Home Loan (Owner Occupied) for owner-occupiers paying principal and interest, with a deposit of 40% or more.
The 8.59% is the 1-year fixed rate on Hire Purchase for investors paying principal and interest. The variable business loan rate for investors paying interest only on BetterBusiness Loan also rose 0.25pp, to 7.54%.
The 6.29% is the variable rate on Mortgage Simplifier for owner-occupiers paying principal and interest, with a deposit of 30% or more and borrowing $150,000 or more.
The 4.80% is the 9-month and 10-month term deposit rate on Term Deposit for Edvest Members, on balances of $1,000 to $5,000. Its other 3-month to 3-year term deposits rose too, by 0.10pp to 0.50pp. Its 6-month term deposit, on $1,000 to $5,000, moved furthest, up 0.50pp to 5.15%. Firefighters Mutual Bank, the same group, made the same move.
The 12.99% is the 1- to 3-year fixed rate. The variable business loan rate also rose 0.25pp, to 12.99%.
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