ME Bank and Bendigo Bank have both dropped their fixed rates.

ME Bank’s one-year fixed home loan is down from 4.89% to 4.69%, while its five-year fixed rate is now at 4.59% from 5.06%. The bank’s three-year fixed rate is the lowest at 4.28% from 5.10%.

Meanwhile, Bendigo Bank is also passing on lowered rates for its customers, with a one-year fixed rate at 4.69% from 4.79%.

Other Bendigo fixed rates are as follows:
 
Product With $8 Monthly Fee Rate Comparison Rate
2-year fixed rate 4.64% 5.21%
3-year 4.59% 5.15%
4-year 4.79% 5.18%
5-year 4.89% 5.17%

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