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Australian home loan rates fall to record low 1.69% – NEWS.com.au
Australian home loan rates fall to record low 1.69%
The property market just got another boost with the lowest home loan rate in the market dropping to 1.69 per cent.Lender Greater Bank announced the new market-leading rate of 1.69 per cent on Tuesday following a cut of 0.2 per cent to its one-year fixed rate for owner occupiers paying principal and interest.
With fixed rates continuing to lead the market with low rates, now could be an opportunity for mortgage holders to fix all or at least part of their loan.
Canstar’s editor-at-large and money…
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