Best interest rates in the market atm!

Just thought I would ask and see what rates people are getting atm. For those brokers out there what are the bets rates for owner occupied and investment loans being offered atm.

Feel free to post your rate if comfortably and tricks you have used to get the deal

 

With respect to advertised deals from online lenders, I think Homestar Finance is the lowest

 

QUOTE=Feel free to post your rate if comfortably and tricks you have used to get the deal[/QUOTE]

Tricks - The trick is to use an awesome broker.

 

I think there's more to it than just the rate....

 

Probably best to go on a comparison website for the cheapies.

Re SVR discounting from larger banks - its not too bad again now (there was a 4-5 month period recently where it wasn't very sharp). There's some going to 1.55 for very large holdings for INV P&I and/or 1.5 at INV IO. OO P&I is a little lower given SVR is so much lower.

 

Agreed, just wanted to start a thread seeing what the best deals are around atm so all property chatters can benefit. Personally I prefer a full service loan with offset, no fees to refinance and variable so its easy to refinance.
There seems to be a strong trend towards p & I with the banks so I thought good time to review IO loans. I am currently running interest only loans on 4.75% and 4.38% owner occupied and they seem to be creeping up so am intetested to see what others are offering.

 

Which lenders do you find the most flexible atm.

 

Absolutely solid points. More to the question its about quality, service and access to funds not just the rate. Getting a good deal on a great package is more where I was leading. Are their good offerings with reputable lenders that allow future expansion you are seeing? What are some of the deals being offered atm you have found stand out?

 

This isn't exactly advertised but I find that CUA usually offer very competitive rates if you just ask. I rang them on Friday, told them about Qudos bank's 3.99% rate for the same type of loan and I wanted to see if there was anything they could do for me.
They called me back an hour later and offered to reduce my current 4.11% rate to 3.84% and I get to keep my 100% offset, Redraw, extra repayments and no fees features.

Couldn't really argue with that.

Edit: This is for owner-occupied, P+I.

 

And what about the next loan?

 

Sorry, are you asking me?

I do have an investment loan with them as well but that's fixed for the next 5 years @ 4.51%, interest only. When I first applied they offered me 3.86% but that was only fixed for 2 years and I wanted something long term.

Might not be the best on the market but 4.51% is still pretty competitive if you ask me.

 

Sorry i was asking the op. My point being that the lowest rate isnt the most important thing if, say, you want to but more property in the future.

 

Agree not only rate but solutions package. I guess it depends on serviceability to whether you get future loans. The idea was to see whos offering good deals at the moment and of course take into consideration long term play.

As an example I have a business colleague who has accumulated 22 properties with one lender and for him that has delivered a solid package with low interest rate.

 

Hes retired....

But yes serviceability becomes difficult

 

Any idea which one of big 4 banks has the lowest rate for OC laons at the moment? Thank you.

 

Do you mean owner occupied?

Rate is one part of the equation.

 

Or until.. perhaps that lender moves rates adversely related to the rest of the market. There is just risk with not having diversified lenders. Plenty of examples where lenders move rates about and take different positions i.e. CBA in recent times with investors or even in the last fortnight seeing NAB & STG move 2-3 year fixed rate INV rates in different directions.

Think it has been covered above that the answer to the OP is extensive based on the variables. As a general observation STG are very competitive at the moment in the 2-3 year fixed rate space.