Eleven lenders slash 3 year fixed rates

Variable home loan rates may be rising but lenders are slashing fixed home loan rates. It’s possible that there has never been a better time to lock in a fixed home loan rate.

Eleven lenders, including several major banks – have cut their 3-year fixed home loan rates in the past fortnight.

Home loan rates are now at 60-year lows. This latest round of fixed rate cuts makes the argument for locking in a fixed rate is stronger than ever.

Source: Bankheadlines.com.au