Top 10 Mortgages June 2018

Top 10 Mortgages

Each month we sift through home loan information from the various comparison websites – Canstar, Finder, Mozo and RateCity and aggregate a list of the most competitive mortgage products based on Interest Rates and Fees and establish top 10 home loans tables for Australia.

The following table is just a snapshot of the lowest home loan rate products currently available in the marketplace. You can link to each of the monthly tables and it also expands to a full list of the top 10 mortgages by product category with their interest rates and fees.

Best Mortgages for the Month

Residential Home Loans
Variable Rate Reduce Home Loan 3.39%
1 Year Fixed Rate Greater Bank 3.49%
2 Year Fixed Rate Queensland Country 3.65%
3 Year Fixed Rate MOVE 3.69%
5 Year Fixed Rate Suncorp,Greater 3.99%
Investment Property Loans
Variable Rate Reduce Home Loan 3.74%
1 Year Fixed Rate Switzer 3.82%
2 Year Fixed Rate Queensland Country 3.65%
3 Year Fixed Rate Switzer 3.92%
5 Year Fixed Rate Newcastle Permanent 4.24%
Source: RateCity & Compiled MoneyAction as at Feb 5 2018

FAQ for Mortgages

  • Why has ASIC launched a rate rigging suit against the CBA?

    Why has ASIC launched a rate rigging suit against the CBA?

    Ross Greenwood speaks to Martin North from Digital Finance Analytics regarding Australia’s corporate watchdog, ASIC,  launching proceedings against the CBA, alleging it rigged key interest rates in 2012. Introduction: Why has ASIC launched a rate rigging suit against the CBA? Ross Greenwood: There’s been a bit of breaking news in the corporate world. Just 24 hours or a little bit […]Read More »
  • Do you trust your bank?

    Do you trust your bank?

    Ross Greenwood speaks to George Frazis, CEO of Westpac Consumer Bank, about rebuilding trust in the banking sector Introduction: Do you trust your bank? Ross Greenwood:  Banks. We’ve spoken so many times on this program about the reputation of banks and the way in which, especially over the past two to three years, that reputation […]Read More »
  • Is the housing market cooling or crashing?

    Is the housing market cooling or crashing?

    Ross Greenwood speaks to Chief Economist at HSBC, Paul Bloxham, about the slowing down of house prices in Sydney and Melbourne and whether this means Sydney is headed for a crash. Introduction: Is the housing market cooling or crashing? Ross Greenwood: Now the story is the housing market, because quite clearly right now you’re seeing a […]Read More »
  • What impact will a Royal Commission have on the banks?

    What impact will a Royal Commission have on the banks?

    Ross Greenwood speaks to Sharid Jain from S&P Global Ratings about what impact a royal commission have on the banks’ credit ratings Introduction: What impact will a Royal Commission have on the banks? Ross Greenwood: Welcome back to Monday news right around the country. I keep remembering what John Howard said about a royal commission into […]Read More »
  • Will banking become more competitive?

    Will banking become more competitive?

    Ross Greenwood speaks to Peter Lock, from Heritage Bank, about Treasurer Scott Morrison’s bid to unshackle mutual banks to make it easier to compete against the big four banks’ Introduction: Will banking become more competitive? Ross Greenwood:  When you go to issues of banks right now, the four big banks made $31.5 billion combined in the past […]Read More »

You can also listen to Ross Greenwood ‘s interviews with industry experts. Most interviews are transcribed and you can search for some of the Who, What, Why and How questions. A recent summary of Home Loan related questions like:

Recommended

FAQ Banking

FAQ Property

How do I replace house price numbers today? Listen or read the transcript of this  interview with Tim Lawless, CoreLogic under the title of ”Property gains over the second quarter of 2017 is losing steam”.

How do you improve affordability? Listen or read the transcript of this  interview with Saul Eslake, Vice Chancellor and Fellow at University of Tasmania under the title of ”Negative Gearing Reform – Saul Eslake”.

How do you retire if you don’t have a house? Listen or read the transcript of this  conversation with Dr Martin Fahy, CEO ASFA under the heading of ”Housing Affordability and Superannuation”.

What to do with their houses? Listen to the interview or read this transcript of Louis Christopher, SQM Research   under the heading ”Cut immigration to cool the housing market”.

How to get budgets back into balance ? Hear or read the transcript of this  interview with John Key, Former New Zealand Prime Minister under the title of ”John Key – Bank Levy, Budget and Housing Affordability”.

What can they actually afford? Hear or read the transcript of this  conversation with Peter Kell, Deputy Chairman, ASIC under the heading of ”ASIC cracks down on interest-only loans”.

What happens in the Australian housing market ? Read the transcript or listen to this interview with Lindsay David, Founder, LF Economics – article posted as ”Housing:  The Ultimate Ponzi Scheme ”.

What happens is they start to raise rates ? Hear or read the transcript of this  interview with Helena Chang, Vice President, Moody’s Investors Services under the heading of”Housing Affordability gets worse – Alena Chen Moody’s”.

What if a hard working person reasonably wants to get into the housing market? Hear or read the transcript of this  interview with Gladys Berejiklian, Premier NSW under the title of ”NSW Premier Gladys Berejiklian – Housing Affordability Package”.

What is driving the deterioration is housing prices? Read the transcript or listen to this discussion with Helena Chang, Vice President, Moody’s Investors Services under the title of ”Housing Affordability gets worse – Alena Chen Moody’s”.

Where does the pressure come from ? Listen or read the transcript of this  interview with Paul Bloxham, Chief Economist of HSBC Australia under the title of ”Housing market not in a bubble”.

Who can get a long term lease and so very few tenants ? Listen or read the transcript of this  interview with John Daley, CEO of the Grattan Institute under the heading of ”Housing affordability Gratton Insititute”.

Other Popular Home Loan Search Links:

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