MyRate has cut their variable loan rates by 25 basis points.

Variable loans, including advantage loans and construction Loans, have dropped from 5.42% to 5.17% (comparison rate 5.17%).

The deal includes $0 in fees on standard applications, depending on the final loan details.

Your Mortgage’s home loan calculator shows the rate cut will save customers about $42 a month for a home loan of $300,000 on a loan term of 20 years, compared to the previous rate.

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