Westpac Home Loan Interest Rates 2025 Chart. Westpac has announced interest rate changes for home loan and deposit customers following the reserve bank of australia’s decision to decrease the cash rate by 0.25% to 4.10%. Now three institutions (including these two) no longer offer any 5% rates

A variable home loan has an interest rate that can go up or down over the loan term — normally in line with changes to australia’s official cash rate. But it is not an especially notable reduction because it just aligns them.