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Changes to a range of our variable interest rates
Westpac announced today a mortgage rate decrease of 0.15% for new and existing variable home loan customers, which will apply to both owner occupier and investor loans.
The following interest rate changes will come into effect on Wednesday, 16 October 2019.
Owner occupier principal & interest home loan variable rate decreasing by 0.15% p.a. to 4.83% p.a. (comparison rate 4.97% p.a.*)
Owner occupier interest only home loan variable rate decreasing by 0.15% p.a. to 5.42% p.a. (comparison rate 5.56% p.a.*)
Residential investment principal & interest home loan variable rate decreasing by 0.15% p.a. to 5.38% p.a. (comparison rate 5.52% p.a.*)
Residential investment interest only home loan variable rate decreasing by 0.15% p.a. to 5.64% p.a. (comparison rate 5.78% p.a.*).
Line of Credit Loan (Equity Access Loan) decreasing by 0.15% p.a. to 6.21% p.a.
Please note rate reductions will also apply to our Flexi First Option Loans and some grandfathered variable rate products |
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