New rates are lowest in the market
Competition is heating up between the big four as Westpac has announced that it has slashed its two year fixed home loan rate to just 1.79% and its three year fixed mortgage rate to just 1.88%. The bank’s four year fixed rate is 1.89%.
“This means that there may never be a better time for Australians to get a fixed rate mortgage,” said Yourmortgage.com.au managing director Justin Kennedy. “This really shows how much competition there is in the market.
Learn some tips to navigate changing mortgage rates here.
