iMortgage has cut its Fusion Lo Doc ProPack variable rates by 25 basis points to 5.14% (comparison rate 5.46%).

The offer is available for home loans with a loan to value ratio up to 60%.

Your Mortgage’s home loan calculator show the 0.25% reduction will save customers about $28 a month for a loan of $200,000 on a loan term of 20 years, compared to the previous rate.

For home loans with a loan to value ratio between 60%-80%, the Fusion Lo Doc ProPack variable rates has fallen from 5.59% to 5.34% (comparison rate 5.66%).

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