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Banks slash variable interest rates even as Reserve Bank stays firmly on hold – ABC News

Lenders are slashing variable mortgage rates to attract new customers in the booming pandemic property market, even as the Reserve…

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Lenders have slashed variable mortgage rates to attract new customers in the booming pandemic property market, even as the Reserve Bank keeps official interest rates firmly on hold.
Key points:

  • The Reserve Bank has extended its now $4 billion a month bond…

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