Home Loans - Compare Interest Rates & Ratings for Fixed or Variable Mortgages
Compare home loan and mortgage interest rates using our free rate comparison service. We've rated some of the top home loans to save you money whether you're a first home owner, refinancing your mortgage, or purchasing an investment property. Learn about exit fees, the new first home saver account, and use our AAPR calculator. Special types of home loan include low-doc, and reverse mortgage. Home Loan Hints and Tips ...
|
Australia | New Zealand
What's New - Home Loans
Flexible low-rate home loan from Westpac
Westpac Flexi First Option Home Loan, with its low interest rate and range of options may suit home buyers who like the idea of being able to access features they may need later on, paying only for those features when used.
Star Ratings - Home Loans
Special types of home loan
- Low-Doc
These loans suit self-employed people. - Reverse Mortgage
For retirees who need some extra cash.
Previous Star Ratings
Looking for an old star ratings report?
Visit the Star Ratings Library!
Home Loan Rates Graph
This graph shows the changes in interest rates for variable-rate home loans over the last 6 months.
View daily home loan rates table ...
Tips - Home Loans
Do you really need an offset account? |
|
 |
"Since loans with an offset account typically cost more, make sure you really need it before you sign up!" - Steven Mickenbecker, CANSTAR CANNEX Head of Research, Product and Strategy. |
The early years of your home loan are critical |
|
 |
"Experts agree that one of the best ways to pay off your home loan sooner is to make extra repayments in the early years of the loan period." - Frank Lopez, CANSTAR CANNEX Financial Analyst. |
Today's Interest Rates - Home Loans
Today's Interest Rates |
Compare and Apply |
First Home Buyer Awards
24 Jun 09: Westpac Wins National First Home Buyer Award
Despite the challenging lending environment, Westpac has reinforced the outstanding support it continues to offer first home buyers by taking out back-to-back CANSTAR CANNEX First Home Buyer awards.
Westpac once again ticked all the boxes and came up trumps in every Australian state and territory, except Canberra (St George) and South Australia (BankSA). They were a very convincing national winner and we congratulate Westpac on this achievement. Particularly impressive were Westpac’s loan products designed for first home buyers and incorporating discounted application fees.
Westpac also offer a higher loan-to-value ratio (LVR) to first home buyers. This means, first timers need less deposit which is something useful in today’s market.
First Home Buyer Awards
Videos - Home Loans
Fixed VS Variable Home Loan Rates
CANSTAR CANNEX interviewed on ABC news segment on whether to go fixed, or stay with a variable home loan interest rate.
Interest Rates
2 Jun 2009: The Reserve Bank of Australia has left the official cash rate at 3%.
Articles - Home Loans
Supersize Your Home Loan, Save A Bundle |
|
|
More and more Australians are opting for their home loan to be taken as part of a package deal that usually includes credit card and transaction account with the one financial institution. |
First Home Owner - Five-step guide to owning your first home |
|
|
A simple five-step guide for those looking at buying their first home, with helpful hints and tips. |
Exit Fees - How they affect your home loan |
|
|
Here's a breakdown of what fees you could be up for, should you decide to sell, move or refinance. |
First Home Saver Account Guide |
|
|
For would-be first home owners, setting a savings goal for a few years in advance is a must. Do a budget and work out what you can afford to save. After all, there's no point setting your heart on a mansion if you can only afford a cottage. As a general guide, your mortgage repayments should not exceed 30% of your before-tax income. |
Rent or Buy? The Great Housing Dilemma! |
|
|
Buying and renting are both becoming more complicated but sooner or later, you will arrive at the point where you need to make the big decision to remain renting or buy a home of your own. |
Exit Fees & Break Costs
A breakdown of what mortgage or home loan exit fees you could be up for, should you decide to sell, move or refinance your fixed or variable home loan.