Greater Bank: Lowest home loan hits Australian market at 1.69pc – NEWS.com.au

Australias home loan market has witnessed its lowest rate on record, showing signs lenders are still willing to drop rates to attract new mortgages. Customer-owned Greater Bank has dropped its one-year fixed rate to 1.69 per cent, the lowest owner-occupier loan on offer within Australia.
Greater Bank’s deal, which pays both principal and interest, is only available to customers in NSW, Queensland and the Australian Capital Territory.
RateCity research director Sally Tindall said while the one-year…

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