HERITAGE Building Society today announced it had reduced several of its fixed-rate home loan interest rates.

Heritage has reduced its one-year fixed home loan interest rate to 6.39 per cent, the three-year fixed rate to 6.35 per cent and the five-year fixed rate to 6.69 per cent.

Heritage CEO John Minz said the rates were all well below the interest rates offered by the big four banks.

"Heritage is owned by its members and exists to give those members the best value possible," Mr Minz said.

"That means we offer the most competitive interest rates that we can.

"We are always looking for ways to deliver even greater benefits to our customers, and reducing the interest rates on these fixed-rate home loans will certainly do that.

"This move again shows that Heritage is one of the most competitive and responsive options out there for people in the market for a home loan."

Heritage today also received news that it had received three accolades in the 2011 Mozo People's Choice Awards.

Mozo announced the award winners today after 23,000 Australians participated by rating their financial institution on the Mozo website over the last 12 months.

Heritage was awarded Top 5 ratings in the Building Society, Savings Account and Debit Card categories.