Big four bank changes fixed rates

The Australia & New Zealand Banking Group (ANZ) has announced changed to its 1, 2, 3, 4 and 5 year fixed rates for ANZ Fixed Home Loans and Fixed Residential Investment Loans, effective from today (28 April).

Details of rate changes for the owner occupied ANZ Fixed Home Loan can be found below:
 

Principal & interest
	Old rate	Change	New rate	New rate with Breakfree discount
1 Year	4.54% p.a.	-40bps	4.14% p.a.	3.99% p.a.
2 Year	4.13% p.a.	-10bps	4.03% p.a.	3.88% p.a.
3 Year	4.34% p.a.	-20bps	4.14% p.a.	3.99% p.a.
4 Year	4.64% p.a.	-10bps	4.54% p.a.	4.39% p.a.
5 Year	4.74% p.a.	-10bps	4.64% p.a.	4.49% p.a.

 

Interest only
	Old rate	Change	New rate	New rate with Breakfree discount
1 year	4.54% p.a.	+10bps	4.64% p.a.	4.49% p.a.
2 year	4.13% p.a.	+40bps	4.53% p.a.	4.38% p.a.
3 year	4.34% p.a.	+30bps	4.64% p.a.	4.49% p.a.
4 year	4.64% p.a.	+40bps	5.04% p.a.	4.89% p.a.
5 year	4.74% p.a.	+40bps	5.14% p.a.	4.99% p.a.

Changes for rates on the ANZ Fixed Residential Investment Loan are found below:
 

Principal & interest
	Old rate	Change	New rate	New rate with Breakfree discount
1 year	4.94% p.a.	-50bps	4.44% p.a.	4.29% p.a.
2 year	4.34% p.a.	No change	4.34% p.a.	4.19% p.a.
3 year	4.54% p.a.	-10bps	4.44% p.a.	4.29% p.a.
4 year	4.94% p.a.	-10bps	4.84% p.a.	4.69% p.a.
5 year	5.04% p.a.	-10bps	4.94% p.a.	4.79% p.a.

 

Interest only
	Old rate	Change	New rate	New rate with Breakfree discount
1 year	4.94% p.a.	-10bps	4.84% p.a.	4.69% p.a.
2 year	4.34% p.a.	+40bps	4.74% p.a.	4.59% p.a.
3 year	4.54% p.a.	+30bps	4.84% p.a.	4.69% p.a.
4 year	4.94% p.a.	+30bps	5.24% p.a.	5.09% p.a.
5 year	5.04% p.a.	+30bps	5.34% p.a.	5.19% p.a.