Canstar has revealed the home loan rate movements over the past week.
Two lenders – Resi and Yellow Brick Road – increased owner-occupier and investor variable rates by an average of 0.1%. Conversely, BCU Bank cut one owner-occupier and investor variable rate by an average of 0.06%, while The Capricornian reduced one owner-occupier and investor fixed rate by an average of 0.3%.
The average variable interest rate for owner-occupiers paying principal and interest stands at 6.87%, with the lowest variable rate for any LVR being 5.74%, offered by Regional Australia Bank.
There are 26 rates below 5.75% on Canstar’s database, consistent with the prior week.
You may read the whole article here:
https://bit.ly/455eapT
