Westpac last increased on 4 November, representing a busy time for major bank rate hikes, and marking the sixth time the brand has increased home loan rates this year.
The major bank has cut a wide variety of fixed rate home loans for both investors and owner occupiers.
Some notable rate increases for owner occupiers include:
- Fixed Options 2 Years P&I 95%: 25 basis point increase to 2.54% p.a. (4.25% p.a. comparison rate*)
- Fixed Options 3 Years P&I 95%: 30 basis point increase to 2.89% p.a. (4.28% p.a. comparison rate*)
- Fixed Options 5 Years P&I 95%: 10 basis point increase to 3.39% p.a. (4.23% p.a. comparison rate*)
Various other 'Premier Advantage' packaged and non-packaged home loans were also increased by between 10 and 40 basis points.
Westpac subsidiaries Bank of Melbourne, BankSA, and St George also increased fixed home loans, though individual product interest rates could be different.
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Buying a home or looking to refinance? The table below features home loans with some of the lowest interest rates on the market for owner occupiers.
Lender | |||||||||||||
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Variable | More details | ||||||||||||
FEATUREDOnline ExclusiveUp To $4K Cashback Includes NOV RBA Rate Increase | loans.com.au – Variable Basic Cashback Home Loan (Principal and Interest) (LVR < 70%)
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loans.com.au – Variable Basic Cashback Home Loan (Principal and Interest) (LVR < 70%)
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Variable | More details | ||||||||||||
FEATUREDRefinance OnlyApply In Minutes | Unloan – Variable Rate Home Loan – Refinance Only
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Unloan – Variable Rate Home Loan – Refinance Only
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Variable | More details | ||||||||||||
FEATURED | Up – Up Home Variable (Principal & Interest) (LVR ≤ 90)
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Up – Up Home Variable (Principal & Interest) (LVR ≤ 90)
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- Immediate cashback upon settlement
- $2000 for loans up to $700,000
- $4000 for loans over $700,000
Photo by Harrison Astbury

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