Westpac, ANZ, Macquarie and others cut fixed home loan rates

In the wake of cuts to variable home loan rates following the Reserve Bank’s decision to lower the cash rate for a second time in as many months, a number of lenders have also made big rate reductions to fixed home loan rates.

ING makes changes to both fixed and variable home loan rates

One of Australia’s largest retail banks, ING, has lowered interest rates across a number of its owner-occupier and investment home loan products by up to 40 basis points, while raising some interest-only rates for owner-occupiers.