ANZ finally cuts fixed home loan rates

PHOTO: ANZ

It makes them the last of the big four banks to reduce fixed rates on home loans.

Australia’s fourth largest bank has cut between 0.20 per cent and 0.60 per cent off owner occupier and investor fixed loans.

The cuts make their rates more comparable with their big four competitors.

(Source: RateCity.com.au)

On the same day, Macquarie Bank, Australia’s eighth largest home lender has reduced variable rates on a range of loans by up to 0.51 per cent.

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