Bendigo Bank has updated its rates this week, with its Residential Home Loan product dropping to 5.76% from 6.01%. The comparison rate sits at 5.91%.
 
The lender also dropped its fixed rates, with its one-year fixed home loan decreasing to 4.69% from 5.31%.
 
The latest rates are as follows:
 
Fixed rate $8 monthly fee rate Comparison rate
1 year 4.69% 5.26%
2 year 4.64% 5.21%
3 year 4.59% 5.15%
4 year 4.79% 5.18%
5 year 4.89% 5.17%
 
Loan type $8 monthly fee Comparison rate
Residential Home Loan 5.76% 5.91%
with Package Plus (greater than $500,000) 4.86% 5.01%
with Package Plus (between $250,000 and $499,999) 4.96% 5.11%
with Package Plus (between $50,000 and $249,000) 5.16% 5.31%
Interest Only Term Loan 5.76% 5.91%
with Package Plus (greater than $500,000) 4.86% 5.01%
with Package Plus (between $250,000 and $499,999) 4.96% 5.11%
with Package Plus (between $50,000and $249,000) 5.16% 5.31%
Home Equity Loan 5.86% N/A
with Package Plus (greater than $500,00) 4.96% N/A
with Package Plus (between $250,000 and $499,999) 5.06% N/A
with Package Plus (between $50,000and $249,000) 5.26% N/A
Generation GreenTM Home Loan 5.26% 5.32%
Low Doc Variable Rate Loan 5.96% 6.02%
Low Doc Interest Only Term Loan 5.96% 6.026%

Whether you are looking to buy your first home, move home, refinance, or invest in property, a mortgage broker can help. Access loans from all the major lenders, get help with paperwork – plus there is no charge for this service. Get help from a local mortgage broker