Online lender Loans.com.au has overtaken most major banks with its recent fixed interest rate cut to 60 basis points.
 
Loans.com.au’s rates on its one, two and three-year fixed rate home loans are now at 4.29%.
 
“A lot of borrowers are keeping a close eye on the RBA for signs of another rate cut, but there are also many who are looking to fix their home loan interest rate for future certainty while rates are low,” said Kim Cannon, managing director of Firstmac, the company behind loans.com.au.
 
“At 4.29% fixed for up to three years, they can enjoy the best of both worlds by choosing a mix of fixed and variable, and use a mortgage offset facility to cut their interest down even more.” 
 

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