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Non-bank slashes rates by eight basis points

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Australian Broker | 03 Oct 2013, 08:00 AM Agree 0
A non-bank lender has just announced major cuts to both fixed and variable rate home loans
  • ACT Broker | 03 Oct 2013, 12:31 PM Agree 0
    Well this just shows that even smaller lenders can now find cheap money on the open market. Maybe that will kick start the Majors into a rate war in the next 12 months. I’m sure that with the power that CBA has they could get some pretty cheap money from the money markets!
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