Fixed rates head further below 6%

By |

Fixed rates have continued to fall below the 6% mark, with a non-bank lender announcing cuts to its product suite.

Firstfolio has dropped rates on its two and three-year products to 5.89%. The lender also cut its four and five-year rates to 6.45%. Executive general manager of retail distribution Andrew Clouston said the move came as fixed-rate funding costs continued to ease.

"Firstfolio, through its network of lenders, is in a position to cut rates, and it's only fair we pass these on to our borrowers," Clouston said.

The rates come into effect from today, and will be available with a zero application fee through National Finance Club and the company's online platform, eChoice.

Whether you are looking to buy your first home, move home, refinance, or invest in property, a mortgage broker can help. Access loans from all the major lenders, get help with paperwork – plus there is no charge for this service. Get help from a local mortgage broker

Top Suburbs : east victoria park , rockville , st peters , rooty hill , sth toowoomba

go back

Get help with your investment property

Do you need help finding the right loan for your investment?

When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.

Just fill in a few details below and we'll then arrange for a local Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus an appointment is free.

How soon would you like a mortgage?
What is your Annual Household Income i $
Do you currently own any Investment Properties?
Do you own your own residence?
How much equity do you have in all your current properties?
First Name
Last Name
Where do you live?
What number can we reach you on?
E-mail address
We value your privacy and treat all your information seriously - you can check out our privacy policy here