RateGapevery home loan rate lenders publish, compared
After the Reserve Bank's increase
Which lenders have changed an advertised variable rate since the Bank announced on Tuesday 29 September.
Rates checked Monday 2 November at 7:01 am (Sydney time) ยท browse all the data
On Tuesday 29 September, the Reserve Bank raised the cash rate target by 0.25 points to 4.60%. Of 102 lenders read on both mornings, 79 now advertise a higher variable rate than before it, as at Monday 2 November. 71 are higher by the full 0.25 points or more.
A lender not listed as moved has not moved as at this morning's read. Lenders often take days or weeks. They can also change the loans they already have on a different day, and that is not in this data.
Who has moved
| Lender | Before | Now | Change | First seen |
|---|---|---|---|---|
| AFG Home Loans - Retro | 6.46% | 6.74% | +0.28 | Fri 9 Oct |
| Central Murray Bank | 5.99% | 6.24% | +0.25 | Thu 1 Oct |
| Aussie Select | 6.28% | 6.53% | +0.25 | Fri 2 Oct |
| AMP - My AMP | 5.99% | 6.24% | +0.25 | Sat 3 Oct |
| Bank of Queensland Limited | 6.03% | 6.28% | +0.25 | Sat 3 Oct |
| BOQ Specialist | 8.02% | 8.27% | +0.25 | Sat 3 Oct |
| ME Bank - ME Go | 5.99% | 6.24% | +0.25 | Sun 4 Oct |
| Virgin Money | 5.84% | 6.09% | +0.25 | Sun 4 Oct |
| AFG Align | 6.78% | 7.03% | +0.25 | Tue 6 Oct |
| AFG Commercial | 6.78% | 7.03% | +0.25 | Tue 6 Oct |
| Connective Advance | 6.78% | 7.03% | +0.25 | Tue 6 Oct |
| Finsure Thrive | 6.78% | 7.03% | +0.25 | Tue 6 Oct |
| Paramount Edge | 6.78% | 7.03% | +0.25 | Tue 6 Oct |
| Rate Money Elevate | 6.78% | 7.03% | +0.25 | Tue 6 Oct |
| Thinktank | 6.78% | 7.03% | +0.25 | Tue 6 Oct |
| Thinktank by LMG | 6.78% | 7.03% | +0.25 | Tue 6 Oct |
| YBR Lending Solutions | 6.78% | 7.03% | +0.25 | Tue 6 Oct |
| Bendigo Bank | 6.09% | 6.34% | +0.25 | Wed 7 Oct |
| Judo Bank | 8.65% | 8.90% | +0.25 | Wed 7 Oct |
| Dnister | 6.29% | 6.54% | +0.25 | Thu 8 Oct |
| Firstmac | 6.33% | 6.58% | +0.25 | Thu 8 Oct |
| LJ Hooker Home Loans | 6.33% | 6.58% | +0.25 | Thu 8 Oct |
| loans.com.au | 5.94% | 6.19% | +0.25 | Thu 8 Oct |
| MCCA | 6.18% | 6.43% | +0.25 | Thu 8 Oct |
| Up | 5.95% | 6.20% | +0.25 | Thu 8 Oct |
| AFG Home Loans Alpha | 6.09% | 6.34% | +0.25 | Fri 9 Oct |
| ANZ | 6.39% | 6.64% | +0.25 | Fri 9 Oct |
| ANZ Plus | 6.25% | 6.50% | +0.25 | Fri 9 Oct |
| Aussie Elevate | 6.09% | 6.34% | +0.25 | Fri 9 Oct |
| Auswide Bank Ltd | 6.04% | 6.29% | +0.25 | Fri 9 Oct |
| Bank of China | 5.93% | 6.18% | +0.25 | Fri 9 Oct |
| CommBank | 6.09% | 6.34% | +0.25 | Fri 9 Oct |
| Connective Select | 6.09% | 6.34% | +0.25 | Fri 9 Oct |
| Greater Bank | 5.84% | 6.09% | +0.25 | Fri 9 Oct |
| ING BANK (Australia) Ltd | 6.04% | 6.29% | +0.25 | Fri 9 Oct |
| Newcastle Permanent | 5.94% | 6.19% | +0.25 | Fri 9 Oct |
| NRMA Home Loans | 5.94% | 6.19% | +0.25 | Fri 9 Oct |
| Qantas Money Basic/Offset Home Loans | 6.03% | 6.28% | +0.25 | Fri 9 Oct |
| Tiimely Home | 5.95% | 6.20% | +0.25 | Fri 9 Oct |
| UBank | 6.09% | 6.34% | +0.25 | Fri 9 Oct |
| Aussie Activate | 6.74% | 6.99% | +0.25 | Sat 10 Oct |
| Bank of Melbourne | 6.29% | 6.54% | +0.25 | Sat 10 Oct |
| Bankwest | 6.19% | 6.44% | +0.25 | Sat 10 Oct |
| homeloans.com.au | 6.39% | 6.64% | +0.25 | Sat 10 Oct |
| Mortgage Choice Ignite | 6.74% | 6.99% | +0.25 | Sat 10 Oct |
| NATIONAL AUSTRALIA BANK | 6.04% | 6.29% | +0.25 | Sat 10 Oct |
| Pepper Money | 6.74% | 6.99% | +0.25 | Sat 10 Oct |
| St.George Bank | 6.29% | 6.54% | +0.25 | Sat 10 Oct |
| Westpac | 5.99% | 6.24% | +0.25 | Sat 10 Oct |
| BankSA | 6.29% | 6.54% | +0.25 | Sun 11 Oct |
| bankWAW | 5.99% | 6.24% | +0.25 | Mon 12 Oct |
| TMCU | 5.89% | 6.14% | +0.25 | Mon 12 Oct |
| Beyond Bank Australia | 6.09% | 6.34% | +0.25 | Tue 13 Oct |
| Horizon Bank | 6.49% | 6.74% | +0.25 | Tue 13 Oct |
| People First and Heritage Bank | 5.99% | 6.24% | +0.25 | Tue 13 Oct |
| BCU Bank | 5.99% | 6.24% | +0.25 | Wed 14 Oct |
| P&N Bank | 6.13% | 6.38% | +0.25 | Wed 14 Oct |
| Darling Downs Bank | 6.39% | 6.64% | +0.25 | Thu 15 Oct |
| Hume Bank | 5.99% | 6.24% | +0.25 | Thu 15 Oct |
| Macquarie Bank Limited | 6.04% | 6.29% | +0.25 | Thu 15 Oct |
| QBANK | 5.99% | 6.24% | +0.25 | Thu 15 Oct |
| Coastline Bank | 6.14% | 6.39% | +0.25 | Fri 16 Oct |
| Qudos Bank | 6.13% | 6.38% | +0.25 | Fri 16 Oct |
| Unloan | 5.89% | 6.14% | +0.25 | Sat 17 Oct |
| Connective Athena | 6.04% | 6.29% | +0.25 | Sun 18 Oct |
| BNK Bank (Goldfields Money/BCHL) | 6.05% | 6.30% | +0.25 | Thu 22 Oct |
| Regional Australia Bank | 5.89% | 6.14% | +0.25 | Fri 23 Oct |
| Summerland Bank | 5.89% | 6.14% | +0.25 | Fri 23 Oct |
| Cairns bank | 6.24% | 6.49% | +0.25 | Wed 28 Oct |
| La Trobe Financial | 6.79% | 7.04% | +0.25 | Thu 29 Oct |
| The Mac | 6.74% | 6.99% | +0.25 | Sat 31 Oct |
| Connective Complete | 6.87% | 7.07% | +0.20 | Thu 15 Oct |
| RedZed | 6.87% | 7.07% | +0.20 | Thu 15 Oct |
| ORDE Financial | 6.84% | 6.99% | +0.15 | Mon 5 Oct |
| Bank of Sydney | 6.09% | 6.24% | +0.15 | Fri 16 Oct |
| Central West CUL | 6.19% | 6.34% | +0.15 | Fri 30 Oct |
| Bank of us | 6.14% | 6.24% | +0.10 | Fri 16 Oct |
| IMB Bank | 5.99% | 6.04% | +0.05 | Fri 9 Oct |
| Gateway Bank | 5.89% | 5.94% | +0.05 | Wed 14 Oct |
23 lenders unchanged as at this morning
- Apollo (another rate rose)
- Arab Bank Australia Limited (another rate rose)
- Athena Home Loans (another rate rose)
- Bank Australia (another rate rose)
- Bluestone Home Loans
- Broken Hill Bank (another rate rose)
- CommFCU (another rate rose)
- Connective Elevate
- Easy Street (another rate rose)
- First Option Bank
- gmcu
- Homestar Finance Pty Ltd (another rate rose)
- Liberty Financial
- Mortgage Choice Amplify
- Mortgage Choice Freedom (another rate rose)
- Mortgage Ezy
- Mortgage House (another rate rose)
- MoveBank
- MyState Bank (another rate rose)
- RACQ Bank (another rate rose)
- Resimac (another rate rose)
- SWSbank
- Zeus
Where the market stands now
Variable rates today, what moved this week, and every lender's own page. Read your own rate against them.
How this is worked out, and what it does not tell you
How it is worked out
- Rates come from each lender's own feed under the Consumer Data Right, read each morning. Nobody types one in.
- A rate counts only if anyone could take it. Loans for particular groups, and lenders the capture cannot reach, are left out.
- Each loan counts once per profile, at its lowest advertised rate.
- Lenders are compared with themselves, on the same loans on both mornings. A loan that first appeared after the announcement has no "before" and is left out. A lender the capture could not reach on either morning is left out, not counted as unmoved.
- A move is a rate at least 0.01 points different from the read before the announcement.
What it does not tell you
- Advertised rates, not offers. A lender can say no.
- New-customer prices. What existing customers pay is published nowhere.
- The rate is not the cost. Fees sit outside it. What a comparison rate adds.
The data is free to download, so any figure here can be checked.
Free, and not advice. It knows only what the lender publishes, not what you could negotiate. A licensed broker does this for a living. Who made this. What this site collects.
More from the data
Building something with this? There is an API, and the data is free.
This morning: the market, variable rates, fixed rates and what moved this week.
Found in the data: what lenders charge above 80%, the rate a fixed loan rolls onto and what a comparison rate adds. Also what an offset costs, and what investors pay on top.