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Rate cut frenzy continues

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Australian Broker | 09 Feb 2015, 08:02 AM Agree 0
The rate cut frenzy continues with more lenders rushing to pass savings onto consumers after the Reserve Bank cut the official interest rate by 0.25% last week
  • Grahame | 09 Feb 2015, 10:11 AM Agree 0
    Banks are willing to drop interest rates to get loans, wait until people start trying to get a loan and see how they have to jump through hoops to meet the stringent conditions of the big four. This is were the other lenders will take business from the banks who don't give good customer service . If fact many bakns treat their customers like lepers.
    Competition can only be good, as the borrowers are being educated.
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