CommBank and Unloan Spark Investor Buzz with Surprise Rate Cuts
In a surprising yet welcome move, Commonwealth Bank of Australia (CommBank) and its digital-only lending arm Unloan have just announced fresh cuts to their variable investor mortgage rates — a move that’s sending ripples across the property investment landscape. If you’re an investor or looking to become one, this is one piece of news you don’t want to miss.
So here’s what’s happening. Following the Reserve Bank of Australia’s (RBA) recent decision to cut the cash rate by 25 basis points to 3.85%, most lenders have been slowly trickling through adjustments. But CommBank just came out swinging — slashing rates on their Digi Home Loan product, which is available only via their website. It's a strategic push towards digital engagement, and clearly designed for the tech-savvy, self-driven investor.
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According to CommBank, they’ve got over 12 million logins per day on their app — that’s serious digital traffic. And it’s no surprise they’re leaning into this space. The Digi Home Loan now offers investor rates starting at 5.69% p.a. (with a comparison rate of 5.82% p.a.), which is just 10 basis points higher than the current market leaders, Easy Street and RACQ. Notably, these lower rates are available for investors with loan-to-value ratios (LVRs) under 80%, and depending on the repayment type and LVR tier, reductions range from 7 to 12 basis points.
Unloan, CommBank’s digital-only offshoot, didn’t sit this one out either. It also trimmed rates, now advertising a starting investor rate of 5.69% p.a. (with a comparison rate of just 5.60% p.a.). The catch? Again, you need an LVR of 80% or less to access these competitive figures. But what makes Unloan especially interesting is its loyalty discount model — they shave 1 basis point off your interest rate for every year you stick with them, up to a total of 30 basis points. That could add up over time, especially if you’re a long-term investor.
And it’s not just the big names making waves. Several mutual banks — like P&N Bank, BCU Bank, and Beyond Bank — have also started passing on rate cuts, with some advertising investor rates as low as 5.49% p.a. It’s creating a lot more movement in a market that’s been stagnant for a while.
What we’re seeing here is a clear response to RBA’s latest move — but with a digital twist. CommBank and Unloan are not only making home loans cheaper for investors, they’re also setting a new bar for how digitally streamlined the mortgage process can be. It's convenience, efficiency, and competitive pricing all bundled into one — especially appealing to investors looking to act fast and smart in a cooling market.
So if you’re an investor thinking about refinancing or entering the market, now is a great time to reassess your options. The competition is heating up, and with digital-first platforms driving the charge, getting a better deal might be just a few clicks away.
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