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%

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