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 RateReduce Home Loan3.39%
1 Year Fixed RateGreater Bank3.49%
2 Year Fixed RateQueensland Country3.65%
3 Year Fixed RateMOVE3.69%
5 Year Fixed RateSuncorp,Greater3.99%
Investment Property Loans
Variable RateReduce Home Loan3.74%
1 Year Fixed RateSwitzer3.82%
2 Year Fixed RateQueensland Country3.65%
3 Year Fixed RateSwitzer3.92%
5 Year Fixed RateNewcastle Permanent4.24%
Source: RateCity & Compiled MoneyAction as at Feb 5 2018

FAQ for Mortgages

  • Why are banks raising their interest rates?

    Why are banks raising their interest rates?

    Ross Greenwood speaks to the boss of the ANZ (ASX:ANZ), Shayne Elliot, after the bank lifted their rate by 0.16 per cent. Introduction: Why are banks raising their interest rates? Ross Greenwood: From one banking issue to another. Let’s now go to the two big banks, the Commonwealth Bank and ANZ today raising their mortgage rates. […]Read More »
  • Would ACCC have been better to regulate the financial industry?

    Would ACCC have been better to regulate the financial industry?

    Ross Greenwood speaks to Professor Ian Harper, who was as a member of the Wallis committee in 1997, an inquiry which probed into the financial system and ultimately recommended the Australian Securities and Investments Commission (ASIC) be set up, about why he thinks giving the ACCC more powers to regulate the financial services industry may have been a […]Read More »
  • What will happen to property prices over the next three years?

    What will happen to property prices over the next three years?

    Ross Greenwood speaks to Phil White, QBE’s Lenders Mortgage insurance CEO,  about a report showing that house prices are likely to increase over the next three years but a glut of apartments will see unit prices fall Introduction: What will happen to property over the next three years? Ross Greenwood:  Welcome back to Money News right […]Read More »
  • Can banks come back from the Royal Commission?

    Can banks come back from the Royal Commission?

    Ross Greenwood speaks to Australian Banking Association chief executive Anna Bligh after the findings from the Banking Royal Commission will be released on Monday, with Ms Bligh saying banks won’t have a choice but to lift their game. Ross Greenwood: Welcome back to more news right around the country. I did tell you a little earlier […]Read More »
  • What are the insurance implications when your home is standard at sea?

    What are the insurance implications when your home is standard at sea?

    I am live from Mercedes Benz Parramatta this evening and joining me is Charles Gow-Gates from Gow Gates about the insurance implications for the yacht that was stranded off the east-coast after the two sailors were rescued. Interview with Charles Gow-Gates Popular Links: Compare Home Loans Compare Personal Loans Mortgage Calculator Interest Only Crackdown Best […]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:

Best Fixed Rate Home Loans

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First Home Buyer

Home Loans from Banks Only

Home Loans with 100% Offset Accounts

Home Loans with No Offset Account

Home Loans with Partial Offset Facilities

Home Loans with Redraw Facilities

Home Loans with Unlimited Extra Repayments Allowed

Low Deposit Home Loans

Low Interest Rate Mortgages

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