Following the Reserve Bank of Australia’s decision to reduce the official cash rate to 2 per cent, Aussie Home Loans has cut its Aussie Select and Aussie Optimizer variable rates to their lowest levels in history.
The Aussie Select Basic Variable Rate will now be starting from 4.19 per cent (comparison rate 4.20 per cent p.a.) for new customers^. This maintains Aussie Select’s position as one of the most competitive advertised home loans in the market, which is supported by its Canstar 5 Star Rating for ‘Outstanding Value – Home Loans’*.
A 0.20 per cent rate cut will apply to existing Aussie Select and Aussie Optimizer variable rate home loan customers, effective from 19 May 2015.
Aussie Select and Aussie Optimizer home loans are available through Aussie Mortgage Brokers, with Aussie Select also available from mortgage brokers who operate as part of National Mortgage Brokers.