01/09/2021
In August, one of Australia’s biggest lenders slashed its introductory variable rates by 0.20% for both owner-occupiers and investors with principal and interest home loans.
Craig Betalli, Senior Finance Specialist at OurBroker says,“In my view, moves by lenders to slash introductory rates while increasing fixed rates is purely a marketing ploy."
Read more below:
In August one of Australia’s biggest lenders slashed its introductory variable rates by 0 20 for both owner occupiers and investors with principal and interest home loans This announcement reduced the lender’s lowest variable rate loan to a tick below 2 for two years After this period the mortga...