Citibank has introduced a new product offering with a variable interest rate of 4.79% for loans over $500,000.

The rate applies for loans with a LVR less than 80%.

The offer will run until November 29, as long as the loans are settled by February 28, 2014.

The current 4.84% (5.19% comparison rate) offer will continue for loans between $150,000 and $500,000.

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