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[RateGap](/)every home loan rate lenders publish, compared

# Fixed home loan rates today

Every fixed rate lenders advertise that anyone could take, by term, read this
  morning.

Rates checked **Monday 2 November at 7:01 am** (Sydney time) · [browse all the data](/data)

For a home you live in, paying it down, the going rate fixed for two years is
      **6.29%**, read Monday 2 November. gmcu, Horizon Bank and MoveBank advertise it or less.
      That is 0.44 points above the going variable rate of
              5.85%.
      By term: one year 6.24%, two years 6.29%, three years 6.30%, five years 6.54%.

The going rate is where a **third distinct lender** appears in the
  sorted list, so one lender's odd price cannot set it.

A fixed rate is two rates. There is the one you fix, and there is the rate the loan rolls onto
  when the term ends, which no lender advertises.
  [How to read that second rate off the comparison rate.](/research/revert-rates)

## Live in, paying it down, by term

  | Loan | Going | Lowest | Middle | Lenders | Loans |
| --- | --- | --- | --- | --- | --- |
| One year | **6.24%** | 6.14% | 6.69% | 71 | 103 |
| Two years | **6.29%** | 6.19% | 6.74% | 74 | 117 |
| Three years | **6.30%** | 5.85% | 6.79% | 70 | 114 |
| Five years | **6.54%** | 6.44% | 6.94% | 58 | 95 |

## The other loan types, going rate by term

  | Loan | one year | two years | three years | five years |
| --- | --- | --- | --- | --- |
| Live in, interest only | 6.49% | 6.49% | 6.59% | 6.89% |
| Investment, paying it down | 6.39% | 6.49% | 6.44% | 6.69% |
| Investment, interest only | 6.59% | 6.59% | 6.54% | 6.79% |

A dash means fewer than three lenders publish that term for that loan, so there
  is no going rate to name.

## The three that set the two-year going rate

gmcu, Horizon Bank, MoveBank. The third of them, MoveBank, publishes
  Everyday Home Loan at 6.29%, and that is the going rate. Each has
  a page: [every lender](/lenders).

## Also in the data

[Variable rates today](/market/variable-rates).
  [What moved this week](/market/changes-this-week).
  [Read your own rate against the market.](/)

  **How this is worked out, and what it does not tell you**

## How it is worked out

    1. Rates come from each lender's own feed under the Consumer Data Right, read each
    morning. Nobody types one in.
    2. A rate counts only if anyone could take it. Loans for particular groups, and lenders the
    capture cannot reach, are left out.
    3. Each loan counts once per profile, at its lowest advertised rate.
    4. Fixed rates only, grouped by the term the lender states. Four-year and six-month
    terms exist and are counted, but get no row of their own.

## 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](/research/comparison-rates).

The data is [free to download](/data), so any figure here can
  be checked.

The other questions

        - [Are you paying more than you need to?](/)
              your rate against every lender publishing one- [How fast should you pay it off?](/paying-it-off)
              term, extra repayments, interest only- [Don't have a loan yet?](/buying)
              what to look at before you pick one- [What does each lender advertise?](/lenders)
              every lender that publishes rates, a page each- [What moved this week?](/market/changes-this-week)
              which lenders changed an advertised rate- [Where do these numbers come from?](/data)
              every published rate, and how fresh it is

**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](/about).
    [What this site collects](/privacy).

      **More from the data**

Building something with this? There is
      [an API](/api), and [the data is free](/data).

This morning: [the market](/market),
    [variable rates](/market/variable-rates),
    [fixed rates](/market/fixed-rates) and
    [what moved this week](/market/changes-this-week).

Found in the data: [what lenders charge above 80%](/research/lvr-bands),
    [the rate a fixed loan rolls onto](/research/revert-rates) and
    [what a comparison rate adds](/research/comparison-rates). Also
    [what an offset costs](/research/offset-accounts), and
    [what investors pay on top](/research/investor-premium).