close icon
search icon Apply phone 13 10 90 rates 4.29 per cent or lower

lca icon
20 February 2015 rates 4.29 per cent or lower has cemented its place as a market leader by dropping its home loan interest rates to 4.29 percent p.a or below across the board with the announcement of a further cut to fixed rates.

Today, the award-winning online lender dropped its fixed rate to 4.29 percent p.a for one, two, and three-years, one of the lowest fixed interest rates in Australia.

It is the second time this month Pty Ltd has reduced its fixed rates.

“In the current low interest rate environment, has dropped its rates even lower to ensure whatever style of loan a customer wants, they will get a very competitive rate,” said Mr Kim Cannon, Managing Director of Firstmac, the financial powerhouse behind

“A lot of borrowers are keeping a close eye on the RBA for signs of another rate cut, but there are also many who are looking to fix their home loan interest rate for future certainty while rates are low.

“At 4.29 percent fixed for up to three years, they can enjoy the best of both worlds by choosing a mix of fixed and variable, and use a mortgage offset facility to cut their interest down even more.” rates start at 4.23 percent p.a for the Dream Home Loan Essentials Variable, 4.27 percent p.a for Dream Home Loan Offset Variable, and 4.29 percent p.a for the Dream Home Loan Fixed for one to three years.

The exception is the Dream Home Loan Construction, which has an initial interest rate of 4.74 percent p.a during the construction period, but then reverts to 4.27 percent p.a upon completion.

Dream Home Loan Fixed applications already in progress will automatically receive the new rate.

“Customers who have already applied for the Dream Home Loan Fixed don’t need to take any action to get the new rate,” Mr Cannon said. “ will make sure the 4.29 percent rate is applied to their new loan.”

For more information, go to

“Many property watchers predict a spike in house prices if the RBA cuts the cash rate again next month,” Mr Cannon said. “The smart money wouldn’t wait too long before getting a foothold on the market.” 

Media enquiries

For all media enquiries, please contact Belinda Till on 07 3017 8826 or email at