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Adelaide Bank has decreased its SmartSuite home loan rates by 22 basis points for new customers taking out home loans through a mortgage broker.

The variable rate for the SmartSuite option SmartSaver is now 4.99% (comparison rate 5.03%).

There were also falls by 0.22% to SmartSuite’s other options, including:

  • SmartFit Variable: now 5.09% (comparison rate 5.24%)
  • SmartDoc Variable: now 6.19% (comparison rate 6.34%)
  • SmartDoc Plus: now 6.44% (comparison rate 6.59%)

The changes are effective Tuesday, 3 September.

With interest rates at their lowest for more than 50 years, there are some great rates available. The best thing to do is to compare rates from all the lenders. Let us help take the leg work out of doing this - Compare Home Loans now