Mortgage Rates Tumble for Homeowners 🏡

There is great news for Australian homeowners. Mortgage rates tumble across the country. More than 25 lenders have cut their rates. This is a chance for big savings. Now is a perfect time to review your home loan.

In short: Mortgage rates are falling across Australia. Many lenders are cutting their rates. This gives homeowners a great chance to save money on their loans. The market is very competitive. It’s a great time to refinance or find a better deal.

What Is Happening?

Lenders are cutting rates. Twenty-five lenders made changes. They lowered 221 variable rates. These cuts averaged 0.27%. Eleven lenders also lowered 154 fixed rates. Their average cut was 0.35%. This shows a strong trend. Lenders want your business.

The Lowest Rates

The average variable rate is 6.1%. But even lower rates are available. Horizon Bank offers a rate of 4.99%. This is a very competitive rate. You can find many loans under 5.5% now. Over 1,100 loans are below this rate.

Lenders That Have Cut Rates

Here are some lenders who cut rates recently:

Rates are subject to change. Please contact us for the most up-to-date information.

Why Act Now?

A lower rate can save you money. It can also help you pay off your loan faster. The market is very active. It is a good time to refinance. Don’t miss this chance to save.

Our team at EZ Mortgage Broker can help you. We find the best deals for you. We can check your current loan. We can find a better option. It is a free check-up.

Contact us today! We can help you navigate these changes.

For more information on rate changes, read our article on which lenders moved first after the RBA rate cut. You can also visit our website for more data. To learn more about how the RBA’s decisions affect the market, read our article: RBA rate cut: which lenders moved first?

• Phone: 1300 050 099 or 044789007
• Email: [email protected]
• Website: https://ezmortgagebroker.com.au