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While some home loan lenders have welcomed in the new year with rate rises, Athena has gone the other direction.
CommBank, Suncorp, and ME Bank have increased fixed interest rates by up to 62 basis points.
Since bursting onto Australia’s home loan market in early 2019, Athena has enticed borrowers with its attractively-low home loan interest rates, no-nonsense messaging and a proven reputation for swiftly passing on central bank rate cuts in full to its customers.
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UBank is making it easier to get into the property market with smaller deposits while Athena has slashed variable mortgage rates.
A wide range of lenders - mainly regional - cut interest rates in the past few days in the lead up to a Reserve Bank decision next Tuesday.
Today big four bank NAB cut two variable investment home loans for borrowers with a 20% deposit as a special offer.