Lenders are slashing rates left, right and centre to keep up in a competitive market, but the cuts aren't adding up to much
The latest Reserve Bank of Australia figures show how mortgage aggregates and the market has grown.
Two non-major banks are following their parent bank’s lead by decreasing their three year fixed rate for new customers and existing customers switching into a new fixed rate.
The Reserve Bank of Australia’s latest report shows investment loans are at the highest levels ever recorded.
A major bank has slashed its two- and three-year fixed-rate loans.
NAB group executive Gavin Slater says the current mortgage market is one of the most competitive in history, providing the ideal environment for home buyers.