Jump to content

What's your current home loan rate?


  • Please log in to reply
40 replies to this topic

#1 blueberrymuffin

Posted 06 February 2013 - 09:08 PM

And provider?

Ours is CBA 5.63%

Thinking of threatening to switch (Ubank 5.12%) and wondering what the current rates around are, and if anyone has gotten a better deal with their bank lately.

#2 eachschoolholidays

Posted 06 February 2013 - 09:14 PM

5.63 with the CBA too.

I'm thinking about ringing and suggesting that we are going to switch as well.

ETA - it has no fees

Edited by nlman, 06 February 2013 - 09:17 PM.


#3 Jellyblush

Posted 06 February 2013 - 09:15 PM

Currently 5.49% variable with ANZ breakfree. It does have a fee of $395 per year but that's it.

I had my broker negotiate that for me, and I do have two mortgages with them which helped

#4 Jersey Caramel

Posted 06 February 2013 - 09:20 PM

We switched to UBank last year, can't fault them and still haven't found a better deal. Very happy original.gif

#5 AnnBB

Posted 06 February 2013 - 09:22 PM

5.94 with CBA. We just came off our 'honeymoon rate'. Talking to our broker about seeing where we could do better is on our to do list this month.

#6 SeaPrincess

Posted 06 February 2013 - 11:35 PM

Ours is 5.4% variable with ANZ Breakfree.  As pp said, annual fee of $395.

#7 buttercup-bob

Posted 06 February 2013 - 11:43 PM

5.52% fixed with suncorp . $10 month/fee can't remember if there is a yearly one.

#8 jks91

Posted 07 February 2013 - 12:13 AM

5.7 I think with ANZ, but no annual fee as we are on the Simplicity Loan.

#9 galba

Posted 07 February 2013 - 12:15 AM


5.4% with Commonwealth Bank.


#10 Sammij841

Posted 07 February 2013 - 09:57 AM

5.49% with Homeside is one of the best around nowadays on the variable rate.
Does the UBANK come with an offset account?

#11 lozoodle

Posted 07 February 2013 - 10:01 AM

5.49% with St George.

#12 Fossy

Posted 07 February 2013 - 10:04 AM

5.14 with NAB, we just refinanced last month. No fees, offset account, 100% variable, home and investment loans.  We were with westpac, rate of 5.64, small fees. They said they'd match when we said we were moving but too little too late!

#13 Ally'smum

Posted 07 February 2013 - 10:10 AM

QUOTE (Fossy @ 07/02/2013, 10:04 AM) <{POST_SNAPBACK}>
5.14 with NAB, we just refinanced last month. No fees, offset account, 100% variable, home and investment loans.  We were with westpac, rate of 5.64, small fees. They said they'd match when we said we were moving but too little too late!


Wow that is a great rate. I negotiated 5.61% with Westpac but they were so condescending (acting like they were doing me a favour) that I decide to look around.

Do you need to have a big loan to get that rate?

#14 MintyBiscuit

Posted 07 February 2013 - 10:14 AM

5.44% with St George. We've fixed it til October next year which suits our needs pretty well.

That NAB deal sounds fantastic!

#15 Fossy

Posted 07 February 2013 - 10:18 AM

Our loans are quite high, yes. Not sure if that impacts. We went through a broker and the NAB deal was by far the best he showed us, by a long way, most others were around 5.4/5.5. Westpac were willing to match the rate though so it's definitely wormy speaking to a broker and seeing what's out there.  We hadn't looked at ours in 5 years, he said you should really look at it every 2/3 years.

#16 laridae

Posted 07 February 2013 - 10:33 AM

QUOTE (Sammij841 @ 07/02/2013, 10:57 AM) <{POST_SNAPBACK}>
5.49% with Homeside is one of the best around nowadays on the variable rate.


That's much lower than their advertised rate.  I'm with them also - 5.91 on the Homeplus Variable and 5.77 on the Offset Variable.

Their advertised variable rate is 6.41.

#17 71Cath

Posted 07 February 2013 - 10:37 AM

5.59% with Suncorp

I have been really happy with them, they have been very helpful.

#18 mards

Posted 07 February 2013 - 10:43 AM

Do you just ring the bank up and tell them that you can get a better deal elsewhere???? - our rate is 5.65 - and U bank seems much better??

#19 Ally'smum

Posted 07 February 2013 - 11:14 AM

QUOTE (mards @ 07/02/2013, 10:43 AM) <{POST_SNAPBACK}>
Do you just ring the bank up and tell them that you can get a better deal elsewhere???? - our rate is 5.65 - and U bank seems much better??


I do this every year on the anniversary of the loan, they may not match the lowest rate but they make it worth staying for another year.

Have the webpage of the bank that you are talking about open, they go online and check it.

#20 toc76

Posted 07 February 2013 - 11:23 AM

5.45 with mecu.  I shopped around and went back to them and said I can get ..... With this bank.  Happily matched it.  They have been great to deal with.


#21 HGL

Posted 07 February 2013 - 11:27 AM

5.54% with Bankwest.
No annual fee. There was a $700 establishment fee but we got that waived.
We were considering ANZ but when I did the sums, the $395 does make a substantial difference over the life of the loan. Also, we only have a small mortgage and ANZ offer very little discount on small loan amounts, regardless of high equity.

#22 Espoir

Posted 07 February 2013 - 11:49 AM

QUOTE
5.14 with NAB, we just refinanced last month. No fees, offset account, 100% variable, home and investment loans. We were with westpac, rate of 5.64, small fees. They said they'd match when we said we were moving but too little too late!


Fossy, is that the 'comparison' rate?

Edited by Espoir, 07 February 2013 - 11:50 AM.


#23 ~Nic~

Posted 07 February 2013 - 11:57 AM

We have two loans with CBA - One is 5.74 (special offer for the first three years) and the other is 5.94 as it's just come off the special rate. I want to swap to a different provider, but I am fairly sure we are locked in for something like 5 years (we got the loan a few months before the lock in fees were abolished which apparently means we are stuck with this rate for another couple of years). Going to see a financial planner in a couple of months though, so will chat to him and see if we can get out of it and go elsewhere.


#24 bebe99

Posted 07 February 2013 - 01:24 PM

Wow this thread has been so helpful to me! Just rang ubank, who are offering no fees at 5.12%. Applying online with them now, can't wait.


Edited by bebe99, 13 July 2013 - 02:32 PM.


#25 Jellyblush

Posted 07 February 2013 - 01:58 PM

Yep - I was happy with my 5.49% until I read this!

Very interested to know if those with lower rates include an offset (not redraw) and have interest only periods of 10 years or greater?




1 user(s) are reading this topic

0 members, 1 guests, 0 anonymous users

 

Video: 10-week-old baby sounds like she says 'I love you'

It’s mixed in amongst garbled baby talk, but this 10-week-old's apparent attempt at telling her parents that she loves them has made her an internet star.

I only enjoyed pregnancy after booking my caesarean

To say I became obsessed is something of an understatement. Everywhere I went I found cause to be reminded of my impending pain.

When your bundle doesn't bring immediate joy

One mum says joy is very a personal feeling and expecting all new mums to feel it in the months after their baby born may do more harm than good.

Lessons learned from my toddler

Blogger Kiran Chug explains why she is going to let her toddler make more decisions for himself.

Family welcomes first baby girl in more than 100 years

The Silverton family has heard the phrase "it's a girl" for the first time in four generations.

When a community of kindness steps in

In future when someone I care for, or even someone I barely know, is experiencing a difficult time, I will not overthink it. I'll follow my heart.

Mum in Business: Jac Bowie

Jac Bowie is the founder of Business in Heels, one of the fastest growing women’s networking events in Australia. She shares her story, including how she juggles work with a young family, and ways to work smarter.

What not to say to a mum of twins

Being a mum of identical twin boys stirs up great interest and fascination. It also opens itself up to nosy, invasive questions, as well as huge assumptions.

The mums suing over unplanned babies

A mother-of-five who calls her two youngest sons "miracle babies" is just one of many mums seeking financial compensation for their children's unplanned conceptions.

Video: Dad sings 'Hallelujah' to his daughter every year

It's a gorgeous song to begin with, but this dad's version of Hallelujah, sung for his young daughter, is especially touching.

Constipation in babies when starting solids

While starting solids can be frustrating and messy (yet also fun!), introducing solids can also play havoc on tiny digestive systems.

Parents reunited with baby snatched from hospital

A mother whose newborn baby was snatched from hospital has spoken of her joy and relief at getting her daughter back.

In defence of the bumpie

Are bumpies - bump selfies - really "exhibitionism of the weirdest kind"?

Life on the other side of the fence: Why I'm child-free and quite content

Acknowledging that motherhood isn't a bed of roses – to begrudge lack of time, sleep, money and spontaneity – is sacrilegious and a no-no, especially by mother superior-types.

'Go the F*** to Sleep' author's new book for frustrated parents

A sequel is coming soon to the 2011 hit book 'Go the F*** to Sleep' - and this time, it's about mealtimes.

Win a $200 Pumpkin Patch voucher

Fill out this quick survey and tell us in 25 words or less your best pregnancy or parenting tip - you'll go in the draw to win a $200 Pumpkin Patch voucher.

Download now: Essential Kids Activity Finder app

Got bored kids? Quickly find the best activities for kids wherever you are in Australia with the Essential Kids app.

 
Advertisement
 
Advertisement
 
 
 

What's hot on EB

Losing yourself to motherhood

While watching your baby grow into a unique little person is exciting and wondrous, the intensity of meeting everyone else?s needs can ever so sneakily overtake your own needs for self-care.

Tearing during delivery: the facts

Almost all women will experience bruising, grazing or tearing after a vaginal birth. Depending on the degree of tearing, there are various treatments available.

6 tips for a day out with a baby and toddler

Outings can be lots of fun with the kids, but there are inevitable challenges. Here's some information about days out to help you be a little more prepared.

Why I invited a dozen people to watch my son's birth

I sent invitations on burgundy scrapbooking paper stamped with a field of poppies, and told each person why I wanted him or her there. I warned that there would be nudity.

Getting labour started: tips for a natural induction

When your baby?s due date comes and goes without so much as a pop - let alone a bang - it can be disheartening. Mums and a doula share their stories of natural inductions.

7 mistakes old hands make with new babies

As I sat across the table from my friend ? me, a seasoned mother of three; her, a brand new mum ? I thought of all the mistakes an old-hand parent can make when visiting a newborn baby.

That's my boy: a dad's diary of the first 4 months

Unbearable anxiety, unspeakable joy, constant exhaustion and bouts of frustration ... The many shocks of first-time fatherhood resound in a dad's diary of his son's early months.

One of the most important things a new mum can do

Finances may not be as cute as a newborn, but with many women?s working arrangements changing post-baby, monetary matters need attention too.

In defence of the bumpie

Are bumpies really "exhibitionism of the weirdest kind", as one writer has claimed?

Personalised baby gifts

We've scoured the internet to find gorgeous personalised keepsakes and nursery decor to record baby name and dates. They make great gifts for christenings, name days and birthdays! (All prices in AU.)

 

My Wellbeing

Making time for me

We look at your wellbeing, covering health, relationships, beauty and fashion, mind and body.

 
Advertisement
 
 
Essential Baby and Essential Kids is the place to find parenting information and parenting support relating to conception, pregnancy, birth, babies, toddlers, kids, maternity, family budgeting, family travel, nutrition and wellbeing, family entertainment, kids entertainment, tips for the family home, child-friendly recipes and parenting. Try our pregnancy due date calculator to determine your due date, or our ovulation calculator to predict ovulation and your fertile period. Our pregnancy week by week guide shows your baby's stages of development. Access our very active mum's discussion groups in the Essential Baby forums or the Essential Kids forums to talk to mums about conception, pregnancy, birth, babies, toddlers, kids and parenting lifestyle. Essential Baby also offers a baby names database of more than 22,000 baby names, popular baby names, boys' names, girls' names and baby names advice in our baby names forum. Essential Kids features a range of free printable worksheets for kids from preschool years through to primary school years. For the latest baby clothes, maternity clothes, maternity accessories, toddler products, kids toys and kids clothing, breastfeeding and other parenting resources, check out Essential Baby and Essential Kids.