Home Loan Market
The home loan market in Australia is very competitive between banks and non-bank lenders as they try to get your business. All lenders compete for your home loan by offering a range of home loans such as fixed and variable rate home loans, as well as a variety of home loan options such as redraw and offset facilities. Because of the size of the home loan market and the competition from lenders, you are more likely to have a better chance of finding a home loan with a lower interest rate and a type of mortgage that will suit your budget and lifestyle. The table below lists current 3 year fixed rate home loans advertised with both banks and non-banks.