Liberty Financial has stepped up with its variable rate cuts in its Prime and Custom loan range by offering a slashed 0.50% interest rate for both home loans.
Liberty has surpassed the rate cut figure from the Reserve Bank of Australia this month, which was at 0.25%. The lender’s prime rates now start from 4.39% and its custom rates are at 4.99%.
The lender’s fixed rates also dropped with the one-year rate going down to 4.29%, while the two and three-year fixed rates dipped to 4.39%.
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