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Westpac cuts three-year fixed home loan rates to 6.44%


WEBWIRE

Westpac has cut the three-year fixed rate on its award-winning Premier Advantage Package by 15 basis points to 6.44%.

This means that Westpac customers not only get one of the top rates in the market but also enjoy the certainty of a fixed repayment amount for three years.

In addition, Westpac has also cut one and two-year fixed-rate loans by 20 basis points to 6.49% for customers taking out the Premier Advantage Package.

For a limited time, Westpac’s Spring Home Loan Celebration promotion means that Westpac customers can enjoy a package of additional incentives on new home loans in our award-winning Premier Advantage Package. These incentives include a discount of up to 0.8% p.a. off the variable rate on a variable rate home loan, an attractive rate of 6.49% p.a. on a one- or two-year fixed-rate home loan or 6.44% on a three-year fixed-rate home loan, and a 20% discount on the first year of your home and contents insurance on your new home.

The Premier Advantage Package also means customers enjoy the benefits of a fully-featured home loan, including free loan increases, switching and portability, a range of annual fee-free credit cards, no account keeping fees on savings accounts and discounts on other products including our market leading Home and Contents Insurance.

The Spring Home Loans Celebration offer includes:

*A discount of up to 0.8% p.a, off the variable rate on a new variable rate home loan of at least $500,000 with Westpac’s award-winning Premier Advantage Package
*An attractive rate of 6.44% on a three-year fixed-rate home loan (a cut of 0.15%) or 6.49% p.a. on a one- or two-year fixed-rate home loan (a cut of 0.2%) of at least $150,000 with Westpac’s award-winning Premier Advantage Package
*A 20% discount on the first year of your new home and contents insurance for your new home, with Westpac’s award-winning Premier Advantage Package
*A free APM Property Profile report when you meet with one of our home finance experts
*$0 establishment fee on your loan
*$0 monthly service fee on Westpac Choice transaction account with no minimum monthly deposit required
*$0 annual fee on a selected packaged credit card

Protecting your home is just as important as paying it off. Westpac is also the only major to offer automatic flood insurance which covers all types of floods at all levels of cover. Covered means covered – we’re paying over $100 million in claims to our customers with Westpac Home and Contents insurance who were affected by floods in NSW, Queensland and Victoria this year.



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