RateGapevery home loan rate lenders publish, compared
What moved this week
Every advertised home loan rate is read each morning. A move is a rate that came back different from the morning before. The last 7 mornings.
Rates checked Friday 18 September at 5:49 am (Sydney time) ยท browse all the data
Since Friday 11 September, 15 lenders moved 527 advertised rates: 33 down and 494 up. The typical move was 0.20 points. 205 new rate lines appeared.
Rates move rarely, and a week with no move is not a fault in the reading. Every move since the capture began is in the change log, and there is a feed of it.
Who moved
| Lender | Rates moved | Down | Up |
|---|---|---|---|
| NATIONAL AUSTRALIA BANK | 140 | 0 | 140 |
| ING BANK (Australia) Ltd | 90 | 0 | 90 |
| ANZ | 75 | 0 | 75 |
| MCCA | 46 | 1 | 45 |
| Great Southern Bank | 30 | 0 | 30 |
| AFG Home Loans - Retro | 27 | 27 | 0 |
| RACQ Bank | 27 | 0 | 27 |
| loans.com.au | 22 | 1 | 21 |
| Firstmac | 21 | 0 | 21 |
| LJ Hooker Home Loans | 21 | 0 | 21 |
| Judo Bank | 20 | 0 | 20 |
| Queensland Country Bank | 4 | 0 | 4 |
| Credit Union SA | 2 | 2 | 0 |
| CommFCU | 1 | 1 | 0 |
| Newcastle Permanent Building Society | 1 | 1 | 0 |
The largest moves
| Day | Lender | Loan | For | From | To |
|---|---|---|---|---|---|
| Friday 11 September | loans.com.au | Fixed Bold Home Loan (fixed) | Live in, interest only | 6.90% | 7.29% |
| Friday 11 September | Firstmac | Standard Fixed Home Loan (fixed) | Investment, interest only | 7.59% | 7.94% |
| Friday 11 September | MCCA | Amlak Premium Fixed (fixed) | Investment, interest only | 7.55% | 7.90% |
| Friday 11 September | MCCA | Amlak Select Fixed (fixed) | Investment, interest only | 7.55% | 7.90% |
| Friday 11 September | LJ Hooker Home Loans | Link Standard Fixed Home Loan (fixed) | Investment, interest only | 7.59% | 7.94% |
| Saturday 12 September | Judo Bank | Home Loan (fixed) | Investment, interest only | 9.41% | 9.68% |
| Friday 11 September | Great Southern Bank | 5 year Fixed Rate OO P&I (fixed) | Live in, paying it down | 6.30% | 6.55% |
| Friday 11 September | Great Southern Bank | 5 year Fixed Rate INV P&I (fixed) | Investment, paying it down | 6.50% | 6.75% |
| Friday 11 September | RACQ Bank | Mortgage Breaker Investment | Investment, paying it down | 6.39% | 6.64% |
| Friday 11 September | RACQ Bank | Fair Dinkum Investment Home Loan | Investment, paying it down | 6.19% | 6.44% |
Where the market stands now
Variable rates today and fixed rates today, after these moves. Read your own rate against them.
How this is worked out, and what it does not tell you
How it is worked out
- Every rate comes from the lender's own feed, published under the Consumer Data Right. Nobody types a rate in. The rates are read each morning, and the figures on this page are taken once, from that morning's read.
- A rate counts only if anyone could take it. Loans for a particular group only, by their published conditions or by their name, are left out. So is any lender the capture has stopped reaching.
- Each loan is counted once per profile, at its lowest advertised rate. A lender that prices five bands by how much you owe is one loan here, not five.
- A move is counted where a rate line came back at least 0.01 points different from its previous reading. A line appearing for the first time is a new line, not a move.
What it does not tell you
- These are advertised rates, not offers. The rate a lender writes for you depends on you and on the lender. It can say no.
- They are prices for a new customer. What a lender charges the customers it already has is published nowhere.
- The rate is not the cost. Fees sit outside it. What a comparison rate adds measures how far.
The data behind this page is free to download, so any figure here can be checked against the file, and the file against the lender.
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.
Building something with this? There is an API, and the data is free.
This morning: 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, what a comparison rate adds and what an offset costs.