Best rates & lenders in the market atm

With all this rate talk at the moment, I thought I would re-launch the thread from years back I started. 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

 

Nice one mate. Im thinking theres gonna be some competition with the market heating up on variabl rates

 

NAB (Re-finance) due to highest valuation LVR 80:
2.49% PPOR I&P VARIABLE (Package with first year fee waiver)
3.50% EQUITY (220k) INVESTMENT LOAN - IO VARIABLE

Connective Solutions (Lender):
3.59% INV IO VARIABLE LOAN LVR 80

Not sure If this is the best but I'd deinitely go with NAB given the valuation is sitting way higher than the other 6 7 lender's AVM/Kerb assessment

Any idea NAB can do better or I can go better with IO investment loan on 90?

 

I don't really understand the point of these threads, there's plenty of ways you can find this stuff out by googling and using a comparison website.
There's also a tonne of threads on another unmentionable forum...

Astute borrowers understand that rate is not the most important factor when deciding what loan is most suitable.

 

Can certainly do better than that, not with NAB though.
BUT would you would prefer to use whomever gives you the most favourable valuation for maximum equity release or do you want the lowest rate even if it means you sacrifice some equity?
Ideally you want both but it's not likely to happen so what's the priority for you?

 

Good thinking, for those that are trying to DIY this will be a very difficult time to work out exactly who is doing the best deal with RBA rates increases.

Each lender will have a slightly different take on how they pass on the cost, the date of increase, etc. Already after May some lenders are passing on 0.25% to their whole book but only 0.20% for new customers based on certain criteria/qualification. Can only imagine it'll be even muddier post a further increase in June!

 

Rate for me is the last thing really but do matter.

NAB is the only lender out of a couple of ones we tried which gives me an unbeatable valuation. Second val sitting 80K below on a 1mil property. But at the same time I will need to watch out and see if NAB has done better in the last few weeks for anyone so I know how much NAB can further discount the rate.

Comparison site etc will not work in my specific case as am only after NAB rates.

 

There's always a multitude of things to consider alongside rates, however the point of the thread is if you are currently with a bank or looking to refinance it's always great to know what opportunities are out there. For people who can't refinance or don't want to, the lower the rate the better and quicker potentially you can achieve an increase in your enquity position.

 

Achieving and getting the funding is always important however once secured with rising rates, serviceability and increasing potential cashflow by achieving lower rates is still a benefit.

 

I like these threads! Nab just increased my variable to low 3’s P&I and I wasn’t feeling too impressed. Less then 80% loan. Will definitely look into it further.

 

Interesting times ahead with all these movements. There's talk of Reserve bank rates going to 2.5%. Now more than ever is the time to hunt the best rates.

 

Well this thread will certainly come back to life. Interest rates are exploding

 

My variable rates are now low 4’s.

 

The market is moving so aggressively it feels like 2008 again.

 

Reviewed my rates
Suncorp P&I variable 3.39 to 3.69
Suncorp PI fixed 2 yr 2.69%
Westpac IO variable 3.79
Westpac 2 yr fixed IO 2.72% and 3.99%
RAMs IO variable 3.99%
RAMs 2 year IO fixed 2.29%. and 2.39%
Pepper variable IO 4.82%

If rates hit 2.35% OCR Pepper will hit almost 6%

 

I think they are taking the P…, as two other loans are 2.29 and 2.39 fixed for another year, clawback !

 

Wbc OO p+I- 3.24
Anz P+I fixed IP -2.49(ecp Aug 23)
Pepper-going to be 5 something in mid Aug var p+i (ip)

 

Multiple loans on 2.29 and 2.39.

Anything under 4% IP variable IO after last rise is good.

Anything under 3.5% IP variable I after last rise is good.

Paying about 150k interest...2 years ago was paying 220k. So all good.

 

Mine are low 4’s P&I