ME Bank has reduced its 3-year fixed Super Member Home Loan Standard Loan interest rate to 4.69% (comparison rate 5.05% for members).

For non-members, the 4.69% interest rate includes a comparison rate of 5.22%.

Jamie McPhee, ME Bank CEO, said “always judge a home loan by the long term financial benefits. Don’t just hunt for cash-back and fee-waiver offers that only save you money in the short term. Use a home loan calculator to compare the savings on different deals.”

The changes are effective Wednesday, 11 September.

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