It’s been a big year for home loan rate cuts, and with the RBA not expected to cut the cash rate again till next year, this week’s cuts by Westpac, UBank, St George, Bank of Melbourne and Teachers Mutual Bank could be among the last we see in 2019.
Amid strong expectations of further cash rate cuts and tentative signals of a property market rebound, Australia’s largest banks are among the many lenders tempting mortgage-holders to lock in their interest rates with some attractively low fixed-rates.
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