Which lenders are now cutting rates?

AMP Bank, Beyond Bank, Click Home Loans, IMB, Mortgage House and Suncorp Bank now have special offers for new lending. Some mortgage products have had rate cuts of as much as 0.45 percentage points.

On an average $300,000, 30-year home loan, a 0.45 percentage point rate cut will deliver more than $80 per month in savings to the borrower.

Source: bankheadlines.com.au