Commonwealth Bank of Australia slashes fixed term rates

Font size :
Commonwealth Bank is offering a discount of 0.2% per annum on new loans taken out after 21 March this year. The deal applies to all new three-, four- and five-year fixed rate home loans or investment home loans and is available for a year. The offer is available for new business or customers topping up or internally refinancing, where the new loan amount is at least equal to the existing loan balance. It is also available for low-doc customers. To secure the reduced interest rate for the term of the loan, customers must pay the rate lock fee of $395 per rate lock. Those who do not pay the rate lock fee still receive the total 0.2% per annum interest rate discount, but funding may change depending on fixed rate movements. Customers switching or with interest in advanced loans are not eligible for the discount. It cannot be taken in conjunction with the three-year discount offer ending 30 March.

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

Mortgage News and Articles

How to tell when a housing market is cooling How to tell when a housing market is cooling

You need to check clearance rates, listings, and the price gap, among other factors Read more

Growing demand for green apartments in Sydney Growing demand for green apartments in Sydney Both owner-occupiers and investors favour eco-friendly buildings for their energy-saving features and reduced environmental footprint ... Read more

Are property investors as rich as they appear? Are property investors as rich as they appear? A multi-property portfolio doesn’t guarantee easy millions ... Read more

Be proactive about getting a better mortgage deal Be proactive about getting a better mortgage deal Apathy could be costing you a considerable amount of money over the lifespan of your loan ... Read more

More mortgage news and articles

Sponsored Links

Monday, Sep 25, 2017
Top Featured Rates
Top Bank Rates

Get help choosing the right home loan

Let us help you find the right home loan for your needs.

Tell us a bit about your circumstances:
  • Purpose of mortgage
  • Household Income
    $
  • How much do you want to borrow?
    $
  • How much deposit do you have?
    $
  • How much is your house worth?
    $
  • How much do you still owe on your mortgage?
    $
  • What type of mortgage do you have?


  • How much is your new home?
    $
  • How much do you want to borrow?
    $
  • How soon do you want a mortgage?
Next
  • First name
  • Last name
  • Where do you live?
  • Phone number

Special Offers

Related Keywords