Competition is tight. The banks found renewed vigour after the non bank lenders stepped up their game and all players fought hard to attract borrowers in a less than buoyant market. The interest rate rises also kept everyone on their toes, meaning borrowers were the ultimate winners in this environment. The winners are

Mortgage of the Year:

Ratebusters

Product:

HL Variable – Rate Buster

 

Best Bank

Best Overall:

Gold

HomePath Pty Ltd

 

Silver

ING Bank

 

Bronze

AMP Banking

 

Building Society / Credit Union

Best Overall:

Gold

Heritage Building Society

 

Silver

The Rock Building Society

 

Bronze

Credit Union Australia

 

Non-Bank Lender

Best Overall:

Gold

Ratebusters

 

Silver

Sapphire Mortgage Service

 

Bronze

Carrington National

 

 

It can be confusing to know whether to get a variable rate or fixed rate mortgage, and what features are important. That's why it's important to not only check the right rates, but make sure that you're getting the right features in your home loan. Get help choosing the right home loan